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Glossary / Lexicon

What is a model calculation?

12/05/2022 | By: FDS
A model calculation is a mathematical formula used to solve a particular problem or answer a particular question. It can be used to predict a certain outcome, calculate a certain risk, make a certain decision, or demonstrate a certain behavior. Modeling can be applied in many different fields, including finance, economics, engineering, science, and computer science.
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