Five steps of mathematical modeling in the process

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Reference no: EM132278379

For this discussion, you are going to create the first model - the fixed percentage approach. Prompt: Describe clearly the steps that are required to build the fixed percentage model, noting the five steps of mathematical modeling in the process. What steps are you taking to verify that your model fits the scenario? Build the model, describing clearly the steps in creating the model, using symbolic manipulation and text to describe the model. Be sure to include the following critical elements: 1. Articulate Steps: Outline the steps you will take in building your first model. Why are these steps important? 2. Build Model: Build your first model to address the scenario under the provided conditions. This does not simply mean to state the equation; you must show the steps for creating the equation and solving the model using the steps of mathematical modeling. The audience for this assignment is nonmathematical people and therefore should include clear explanations of possibly confusing concepts.

Reference no: EM132278379

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