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There are models created by Altman, Taffel ir Tisshaw, Springate and Zavgren, all of which are named after the creators.

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12y ago

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What is the problem with computer prediction models?

Most computer models are based on an expected outcome generated by equations programmed into the model itself. Prediction models would not be able to compute if there was an outside influence on an event. Human error and natural events are outside of what a prediction model can compute therefore allowing margins of error.


What is the objective of financial statements?

1.Assessment Of Past Performance 2.Assessment of current position 3.Prediction of profitability and growth prospects 4.Prediction of bankruptcy and failure 5. Assessment of the operational efficiency


What should a prediction start with?

A prediction should start with an analysis of past trends and data, followed by identifying patterns or relationships that can help inform the prediction. It's important to consider various factors that could influence the outcome and use appropriate methods or models to make an accurate prediction.


What has the author Suresh P Sethi written?

Suresh P. Sethi has written: 'Optimal consumption and investment with bankruptcy' -- subject(s): Mathematical models, Investments, Bankruptcy


What types of model can be used to model weather?

Weather can be modeled using various types of models, including numerical weather prediction models, statistical models, and machine learning models. These models use historical weather data, physical laws governing the atmosphere, and computer simulations to forecast future weather conditions.


What prediction method is best for making short term weather forecasts?

Numerical weather prediction models are commonly used for making short term weather forecasts. These models incorporate current weather data and use complex mathematical equations to predict how the atmosphere will evolve over the next few hours to a few days. These models are run multiple times a day to provide updated forecasts.


Are all models reductions of the original object?

No, not all models are reductions of the original object. Some models might aim to simplify or represent certain aspects of the original object, rather than directly reducing its complexity. Models can serve different purposes, such as prediction, analysis, or visualization.


What has the author Li Gan written?

Li Gan has written: 'The thick market effect on housing markets transactions' -- subject(s): Econometric models, Housing, Prices 'A simple test of adverse events and strategic timing theories of consumer bankruptcy' -- subject(s): Bankruptcy, Mathematical models


What has the author B P Prested written?

B. P. Prested has written: 'Development of prediction models for chemical phosphorus removal' -- subject(s): Mathematical models, Phosphate removal, Purification, Sewage


What type of model can be used to model weather?

Numerical weather prediction models are typically used to model and forecast weather patterns. These models use mathematical equations to simulate the behavior of the atmosphere based on current and past weather data.


What are examples of a mathematical models only?

Anything that attempts to artificially simulate some phenomena using a computation. Weather prediction is a good example.


When you anticipate the results of your experiment before you begin you are making an?

prediction. :)