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What must you assume when you use a rate to make a prediction?

2 Answers

4 votes
estimating / estimate
User Yoh Suzuki
by
5.9k points
4 votes

Answer:

You must assume that all events related are gonna follow the rate.

For example, if a tank is being filled 100 gallons per minute, you must assume that the rate is always the same, and that all variables are following this rate, otherwise you wouldn't have a good prediction.

Now, in real world, rates are only approximations, because there's always another variable which is gonna make some changes in the rate of change.

So, when you use a rate for predicitions, you assume that all other variables doesn't affect events that much to miss to hard the predicition as such.

User Cvb
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