Lecture 5; Math 636
LEFTOVERS
Sneezing on samples happens
You
can model the effect of sneezes a la Dan PickÕs comment regarding normality of
residuals or better yet using bootstrap.
Credibility of a model
Mathematizing a number into a
situation
Black-Scholes
theory – turns out it is price
Species;
scales (chunking) in a problem
NEW
BuckinghamÕs Theorem
implicit
function theorem
oscillators
http://en.wikipedia.org/wiki/Harmonic_oscillator
fluids (Reynolds number, Prandtl number,É)
redefining
units to eliminate parameters (heat, c, hbar, Lotka-Volterra)
Friday classes
One problem punt option
(encouraged).