It is well known that the emphasis of mathematical modelling on the basis of available observations is first -to use the data to specify or refine the mathematical model, then - to analyze the model through available or new mathematical tools, and further on - to use this analysis in order to predict or prescribe (control) the future course of the modelled process. This is particularly done by specifying feedback control strategies (policies) that realize the desired goals. An important component of the overall process is to verify the model and its performance over the actual course of...
It is well known that the emphasis of mathematical modelling on the basis of available observations is first -to use the data to specify or refine the...