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What does it mean when we say that a formula models​ real-world phenomena?

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A formula models real-world phenomena when it describes the relationship between the variables of a real life situation. We use formulas in our every day life, but maybe are not aware of it. Some examples of using math formulas in the real world are: - the most obvious example is that we use formulas in the grocery store (multiplication, estimation, percentages,...

- we use formulas while baking (measuring ingredients, understanding ratios and proportions, converting metrics,...)

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