Catastrophe theory, Advanced Statistics

Catastrophe theory: A theory of how little is the continuous changes in the independent variables which can have unexpected, discontinuous effects on the dependent variables. Examples comprise the sudden collapse of the bridge under slowly mounting pressure, and freezing of water when the temperature is steadily decreased. Developed and got popular in the year 1970s, catastrophe theory has, after a time period of criticism, now has become well established in the field of chemistry, physics and biology. 

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