Sentences with phrase «useful approximation»

Equations like the above let you approach the problem analytically, in that I can calculate useful approximations like the derivative of mortgage length with respect to downpayment, or interest rates, or payment amount, or payment frequency, in a continuous manner.

There are useful approximations where the interference terms can be neglected.

The Ackermann steering mechanism is a very useful approximation but it is an approximation and is only correct straight ahead and at one steer angle.

Truth be told, most economists regard Homo economicus as a useful approximation to plug into their models, not a representation of how individuals actually behave.

Nevertheless, for the low levels of correlation we observe here, it is a useful approximation that allows us to make effective comparisons between disparate correlations measured on different horizons.

a useful approximation, particularly when analyzing the direction in which prices move when crossing critical points

Municipal bond funds are not a separate listing, but adjusting yields for long - term government bond funds or money market funds for taxes (1.00 minus your federal tax rate in decimal form times the government bond or money market yield) will give you a useful approximation.

While Efficient Market Hypothesis is an useful approximation to how the stock market works, it does not work in all situations.

Such a simple model is dubious to begin with, no one really believes it is «true» (although it may still be an useful approximation).