Application of Numerical Analysis in Real Life


Abstract views: 168 / PDF downloads: 85

Authors

  • Khurram Iqbal Department of Actuarial Sciences, Mathematics and Statistics, Institute of Business Management, Karachi, Pakistan
  • Fawad Alam Karachi University Business School, Karachi University, Karachi, Pakistan
  • Fatima Riaz Department of Mathematics \& Statistics, Institute of Business Management, Karachi, Pakistan
  • Azam Hashmi Department of Statistics, Institute of Business Management, Karachi, Pakistan
  • Muhammad Nabeel Khalid Department of Industrial Engineering and Management, Institute of Business Management, Karachi, Pakistan
  • Ali Gohar Department of Industrial Engineering and Management, Institute of Business Management, Karachi, Pakistan

Keywords:

Numerical analysis, application, real life, validation

Abstract

The advancement of numerical analysis and its application over the past decades have provided an incredibly powerful method for researchers to study. The use of such approaches is still not common nonetheless, and documentation of bad practice is all too often present when applied. Probably the reason for this is a lack of knowledge and direction as to the reasonable use of such approaches of study, in particular from codes of practice. It is clear that some sort of initiative is required to improve good exercise and to allow the full potential of this analytical tool to be realized from both a protective and an economic perspective. The paper commences to analyze the major benefits and application of numerical analysis over typical methodologies, and then addressing whether or not it can replace the conventional analytical tools in the design process. Existing literature is used widely to demonstrate the considerations for and against the use of numerical analysis.

Downloads

Published

15-06-2020

How to Cite

Khurram Iqbal, Fawad Alam, Fatima Riaz, Azam Hashmi, Muhammad Nabeel Khalid, & Ali Gohar. (2020). Application of Numerical Analysis in Real Life. International Journal of Mathematics And Its Applications, 8(2), 81–85. Retrieved from http://ijmaa.in/index.php/ijmaa/article/view/159

Issue

Section

Research Article