Example: confidence
Intro To Real Analysis Midterm
Found 1 free book(s)INTRODUCTION TO MICROECONOMICS - PFW
www.pfw.eduassumptions; or simplifications that permit rigorous analysis of real world events, without irrelevant complications. a. model building - models are abstractions from reality - the best model is the one that best describes reality and is the simplest B Occam=s Razor. b. simplifications: 1. ceteris paribus - means all other things equal. 2.