Calculation
A calculation is a deliberate process that transforms one or more inputs into one or more results, with variable change. The term is used in a variety of senses, from the very definite arithmetical calculation of using an algorithm, to the vague heuristics of calculating a strategy in a competition, or calculating the chance of a successful relationship between two people.
For example, multiplying 7 by 6 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a complex algorithmic calculation.
Statistical estimations of the likely ...more
For example, multiplying 7 by 6 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a complex algorithmic calculation.
Statistical estimations of the likely ...more
Related Genres
“
If you do not know how to calculate exactly, your visions are worth nothing; if you arrive at them through calculation alone, I disbelieve them.
”
― The Man Who Counted: A Collection of Mathematical Adventures
― The Man Who Counted: A Collection of Mathematical Adventures
“
What is this?" I asked him. "Are you sad? Do you feel a longing for your own country, or are you simply planning new calculations? Is it mathematics or nostalgia?"
"My friend..." he replied, "nostalgia and calculations are not unrelated.
...more
”
― The Man Who Counted: A Collection of Mathematical Adventures
― The Man Who Counted: A Collection of Mathematical Adventures
