Practice question · Put in order
Order the steps of ODE-based forecasting.
- Project the fitted curve forward
- Re-check the model when reality bends away
- State the rate law the business obeys
- Solve the ODE for the general trajectory
- Fit and to observed data
Hints
- Assumption first, calibration after.
- A forecast is a solved assumption.
Show the answer
- State the rate law the business obeys
- Solve the ODE for the general trajectory
- Fit and to observed data
- Project the fitted curve forward
- Re-check the model when reality bends away
Why
Law → solution → calibration → projection → revision. Step 5 is where exponential fits get demoted to logistic ones, usually just after the optimistic board presentation.
Practise Differential Equations
The app has 6 more questions on this lesson, and keeps your place in the course. Business I is free to start.
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