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Graphs such as these are among the objects studied by discrete mathematics, for their interesting mathematical properties, their usefulness as models of real-world problems, and their importance in developing computer algorithms.
Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics.Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, or other computational methods.
Discrete time is often employed when empirical measurements are involved, because normally it is only possible to measure variables sequentially. For example, while economic activity actually occurs continuously, there being no moment when the economy is totally in a pause, it is only possible to measure economic activity discretely.
The problem of estimating the maximum of a discrete uniform distribution on the integer interval [,] from a sample of k observations is commonly known as the German tank problem, following the practical application of this maximum estimation problem, during World War II, by Allied forces seeking to estimate German tank production.
Game theory is the study of mathematical models of strategic interactions. [1] It has applications in many fields of social science, and is used extensively in economics, logic, systems science and computer science. [2]
In mathematics, for given real numbers a and b, the logarithm log b a is a number x such that b x = a.Analogously, in any group G, powers b k can be defined for all integers k, and the discrete logarithm log b a is an integer k such that b k = a.
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Put plainly, a drawdown is the “pain” period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher) in the value of an investment.