Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DannyTN
I’m not sure when you go out beyond 3 months that it’s still a valid model.

I do see a similar flex point in the graphs of other models at that same point. I agree that any error in my model will become greater as the model projects further into the future. But that's going to be a limitation of most models, I think.

Try this. Try to express it as a simple day to day formula formula without exponents. Day1 = Day0*whatever+/-whatelse. If you can do that, we can test to see if the exponent formula is correct.

I'm kind of a literal person... what do you mean by "whatever+/-whatelse"? My exponent?

121 posted on 09/16/2014 1:43:40 PM PDT by scouter (As for me and my household... We will serve the LORD.)
[ Post Reply | Private Reply | To 120 | View Replies ]


To: scouter
Well just like an interest formula, you have a single period formula of:
FV = PV*(1+i)
Which over multiple periods becomes
FV = PV* (1+i)^n, where n=number of periods.
I know what your multiple period formula looks like. What does a single period formula look like?
122 posted on 09/16/2014 1:50:49 PM PDT by DannyTN
[ Post Reply | Private Reply | To 121 | View Replies ]

To: scouter
Basically what I was asking is what does the formula look like if DaysOut is 1.

Cases ^ (((DTR-1) * DaysOut) + 1).
Cases^(((DTR-1)* 1)+1)
Cases^((DTR-1)+1)
Cases^DTR

I was hoping to get rid of the exponent completely, but an exponent is inherent to your formula.

So Day1 = Day0Cases^1.004.

If Day0 = 100 then Day1 = 1.018
Day2 = 103.8
Day3 = 105.7

123 posted on 09/16/2014 2:10:42 PM PDT by DannyTN
[ Post Reply | Private Reply | To 121 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson