How do formal models differ based on goals?

Formal models can vary significantly based on the specific goals they aim to achieve. The purpose of a formal model ultimately determines the level of detail, abstraction, and complexity it incorporates. For instance, if the objective is to precisely predict and understand real-world phenomena, the model may incorporate numerous variables, assumptions, and mathematical equations to capture the intricacies of the system. On the other hand, if the goal is to provide a simplified representation that facilitates decision-making or problem-solving, the model may focus on key factors and relationships while ignoring less relevant details. Thus, the goals of a formal model shape its design and determine the level of realism and simplicity it encompasses.
This mind map was published on 26 November 2023 and has been viewed 111 times.

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