Difference between static and dynamic mathematical model
Answers
A dynamic model accounts for time-dependent changes in the state of the system, while a static (or steady-state) model calculates the system in equilibrium, and thus is time-invariant. Dynamic models typically are represented by differential equations
Answer:
A dynamic model accounts for time-based adjustments withinside the state of the system, even as a static (or steady-state) version calculates the system in equilibrium, and hence is time-invariant.
Step-by-step explanation:
Any system may be defined using a mathematical model that contains mathematical symbols and concepts. Mathematical modeling is the name of the system that is undertaken to broaden a version for a specific system. It isn't always just life sciences however additionally social sciences that make heavy use of these mathematical models. In fact, it's far in an artwork subject like economics that these mathematical models are used extensively. There are many kinds of mathematical models however there's no tough and rapid rule and there's a pretty a bit of overlapping in exceptional models. One manner to categorize mathematical models is to place them into static modelling and dynamic modelling.