October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

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October 24, 2011 Models

Transcript of October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Page 1: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

October 24, 2011

Models

Page 2: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Agenda Introduction to Models Guest speakers from BBVA Compass

Page 3: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Definition

“A computer simulation, a computer model, or a computational model is a computer program, or network of computers, that attempts to simulate an abstract model of a particular system.”

- http://en.wikipedia.org/wiki/Computer_simulation

Page 4: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Model

Statistical model Used to find analytical solutions and predict, or

forecast, future results Weather Banking

Simulation Uses various types of inputs (human entered,

random machine input) to run different scenarios Architecture Weather (Climate change) Flight Simulator

Page 5: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Example: Earthquake Simulation (Simulation Model) World’s largest shake table test

Six-story wood frame tested by stronger earthquake forces than California has experienced in modern time

Page 6: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Example: Bridge Wind Simulation (Simulation Model) Washington State Department of

Transportation SR 520 Bridge Replacement and HOV Project

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Example: Natural Disaster Simulation (Simulation Model) Tsunami Inundation of Seattle (NOAA

simulation) Based on a simulated 7.3 magnitude earthquake

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Example: Weather Forecast (Statistical Model) National Weather Service

Weather for Tuscaloosa, AL

Page 9: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Guest Speakers

Tom Osterbind and Austin Sensenan Corporate Risk Managers

for BBVA Compass Bank

Page 10: October 24, 2011 Models. Agenda Introduction to Models Guest speakers from BBVA Compass.

Next Time

Quiz #5 due 3:30 on Wednesday No late submissions accepted

Assignment #3 due Wednesday night More about App Inventor

Don’t forget to purchase or download the textbook!