Choosing an Appropriate Model for Data
Now that we have discussed various mathematical models, we need to learn how to choose the appropriate model for the raw data we have. Many factors influence the choice of a mathematical model among which are experience, scientific laws, and patterns in the data itself. Not all data can be described by elementary functions. Sometimes a function is chosen that approximates the data over a given interval.
Three kinds of functions that are often useful in mathematical models are linear functions, exponential functions, and logarithmic functions. If the data lies on a straight line or seems to lie approximately along a straight line, a linear model may be best. If the data is non-linear, we often consider an exponential or logarithmic model although other models, such as quadratic models, may also be considered.
In choosing between an exponential model and a logarithmic model, we look at the way the data curves. This is called the concavity. If we draw a line between two data points, and all (or most) of the data between those two points lies above that line, we say the curve is concave down. We can think of it as a bowl that bends downward and therefore cannot hold water. If all (or most) of the data between those two points lies below the line, we say the curve is concave up. In this case, we can think of a bowl that bends upward and can therefore hold water.
- An exponential curve, whether rising or falling, whether representing growth or decay, is always concave up away from its horizontal asymptote.
- A logarithmic curve is always concave down away from its vertical asymptote.
In the case of positive data, which is the most common case, an exponential curve is always concave up and a logarithmic curve always concave down.
A logistic curve changes concavity. It starts out concave up and then changes to concave down beyond a certain point, called a point of inflection.
After using the graph to help us choose a type of function to use as a model, we substitute points, and solve to find the parameters. We reduce round-off error by choosing points as far apart as possible.
[latex]x[/latex] | [latex]1[/latex] | [latex]2[/latex] | [latex]3[/latex] | [latex]4[/latex] | [latex]5[/latex] | [latex]6[/latex] | [latex]7[/latex] | [latex]8[/latex] | [latex]9[/latex] |
[latex]y[/latex] | [latex]0[/latex] | [latex]1.386[/latex] | [latex]2.197[/latex] | [latex]2.773[/latex] | [latex]3.219[/latex] | [latex]3.584[/latex] | [latex]3.892[/latex] | [latex]4.159[/latex] | [latex]4.394[/latex] |
[latex]x[/latex] | [latex]1[/latex] | [latex]2[/latex] | [latex]3[/latex] | [latex]4[/latex] | [latex]5[/latex] | [latex]6[/latex] | [latex]7[/latex] | [latex]8[/latex] | [latex]9[/latex] |
[latex]y[/latex] | [latex]3.297[/latex] | [latex]5.437[/latex] | [latex]8.963[/latex] | [latex]14.778[/latex] | [latex]24.365[/latex] | [latex]40.172[/latex] | [latex]66.231[/latex] | [latex]109.196[/latex] | [latex]180.034[/latex] |