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monte carlo simulation is used to give solutions of deterministic problems whereas

stochastic simulation is used for stochastic problems.

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What is the difference between analytical method and simulation?

analytical methods is Dividing a system logically into basic parts and Reasoning or acting from a perception of the parts and interrelations of a subject while simulation is a technique of conducting experiments using models of a system to figure out the behaviour at different environments


What is the difference between the substitution method and the linear combination method?

well,both are different methods but the answers are same.


What are two methods for comparing numbers?

ratio and difference


Is considered to be a numerical computation technique used in conjunction with dynamics mathematical models?

Yes, numerical computation techniques are essential for solving dynamic mathematical models, particularly when analytical solutions are difficult or impossible to obtain. These techniques, such as finite difference methods, finite element methods, and computational fluid dynamics, allow for the simulation of complex systems by approximating solutions through discrete numerical calculations. This approach is widely used in fields like engineering, physics, and finance to analyze and predict the behavior of dynamic systems over time.


What is numerical method and what kinds are?

Numerical methods are mathematical techniques used to approximate solutions to problems that cannot be solved analytically. They are essential in various fields such as engineering, physics, and finance. Common types of numerical methods include interpolation, numerical integration, numerical differentiation, and solving ordinary and partial differential equations. These methods allow for the analysis and simulation of complex systems where exact solutions are impractical.

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What is the difference between analytical method and simulation?

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