What would you put on the map that you drew for them

Reference no: EM131182141

Model building is sometimes compared to map making. If you wanted to give people directions for reaching the place where you live, what would you put on the map that you drew for them? What would you put on the map you drew if someone asked you about good places to go hiking, where the highest point is, or how close you are to your town boundary? Is it possible for a single, readable map to answer every possible question? Does your goal for the map affect what you put on it?

Reference no: EM131182141

Questions Cloud

Starting salary for a graduate in field : The mean starting salary for a graduate in your field? The mean number of games won by your favorite sports team each year? The mean number of games lost by your favorite sports team's rival each year?

Define the competitive equilibrium : Set up the problem of the firm. Solve for the supplies of goods (y1; y2) and demands for labor (N1, N2). Show that the profits of the firm in each period, π1 and π2, have to equal 0 in equilibrium. Define the competitive equilibrium

What is the cost of equity-market capitalization rate : Catalina Bank (CB) currently pays a dividend of $2.75 per share. T-bills are paying a 1.45% return and the market is anticipated to earn 9.65% per year. AAS has a beta of 1.32 and retains 60% of their earnings every year. What is the cost of equity (..

How much do jack and jill owe the bank immediately : How much is the monthly repayment? How much do Jack and Jill owe the bank immediately before making the 120th repayment?

What would you put on the map that you drew for them : Is it possible for a single, readable map to answer every possible question? Does your goal for the map affect what you put on it?

Compute the dividends over the next five years : Suppose that a firm’s recent earnings per share and dividend per share are $2.50 and $1.30, respectively. Both are expected to grow at 8 percent. However, the firm’s current P/E ratio of 22 seems high for this growth rate. The P/E ratio is expected t..

Executing and closing and initiating and planning readings : Develop and complete the required items for case studies using the templates that will be supplied during the course.

Measures of variation seem to indicate that the variation : Given that this medication should be manufactured in a consistent way so that dosage amounts can be controlled, do the measures of variation seem to indicate that the variation is at an acceptable level? 672.2 679.2 669.8 672.6 672.2 662.2 662.7 6..

Describe how the method represents knowledge : Briefly describe how the method represents knowledge and include an example - briefly describe the inference procedure(s) adopted by the method for reasoning; and,

User Account

All Pages