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What extent does mathematics model real life

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Exponential and logarithmic functions are used to model a variety of real-world situations mainly related to finance, science, and population. The amount of money in a bank account after a set number of years is modeled by an exponential function. Population growth and decay is modeled by an exponential function. The magnitude of an earthquake is determined using a logarithmic function.

Respond to the following questions.

Question 1: To what extent does mathematics model real life?

Question 2: Is there always a function that can be used to model the behavior of data?

Question 3: How can we use math to describe the world and make predictions?

Question 4: Were functions created to fit data, or did data just so happen to fit existing functions?

Reference no: EM132668211

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