We build up
a simplified model of reality by making assumptions about how the world works, and then we try to assume everything away apart from that specific issue we are focusing on.
Not exact matches
«All numerical
models are
simplified reflections
of reality which require approximations.
This is a deliberately
simplified model compared to the
realities of the market.
[1]
Of course theories are models of reality and require simplifying Read more -LSB-..
Of course theories are
models of reality and require simplifying Read more -LSB-..
of reality and require
simplifying Read more -LSB-...]
I know this may seem over
simplified to most and does not really
model reality, nor is it along the lines
of the old leaky bucket
model under a leaky faucet either.