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The results of this study indicate that conversion optimization of the operating conditions can provide a good approximation to the economic optimum in the case of high conversion operation.
So this may seem like an unusual example, but I mention it just to make the broader point that there are many, many other examples where a little economics goes a long way, at least in terms of getting a rough approximation to the economic viability of so-called sustainable technologies or investments.
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These models are justified not only in theory, because they offer a nice way to model heterogeneity, but also in practice since they can be used to provide a semi-parametric approximation to the non-standard distributions of some economic variables at a reasonable cost (McLachlan and Peel 2000).
It is, in the present state of knowledge, the best approximation to the truth.
Where else should people turn for some rough approximation to the truth?
And it bears no close approximation to the truth.
A circle drawn in the sand was an imperfect approximation to the ideal Platonic circle hanging in some abstract space.
We algebraically rank the error of the Chebyshev Polynomial approximation, Taylor's Series approximation and the Gauss-Lanczos approximation to the solution of the SAR model and its variants.
The big approximation is your approximation to the problem you want to solve.
This curve would also be a reasonable approximation to the data from Yugoslavia, Sweden and Switzerland.
This would probably represent a satisfactory approximation to the curves for Singapore, Thailand, Indonesia and New Guinea.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.
Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com