The lesson in the video below is designed to help you put a nice neat bow on everything we’ve done on the topic of functional modeling.
We cover the difference between direct and indirect models. We look at how to tell a linear model from a non-linear model. And we consider a simple example that can be modeled using both (either of) the parametric and condition model approaches to help bring things to life a little.
Two summary tables are also provided to put everything we’ve seen in one place and help you – kind of like what you might put on a cheat sheet.
Note that I made a few little sign slips in Example 7. I’ve highlighted them in the video. To jump right there click here.
There are no applied self-assessment questions here either. The following conceptual questions will again help you test your understanding though, and – because they’re deliberate in focusing you on the right things – they’re meant to help you be as efficient as possible in preparing for the quiz and related final exam questions.