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TeachMeFinance.com - explain model (noun) model (noun) The term 'model (noun)' as it applies to the area of Earth observation can be defined as ' A mathematical representation of a process, system, or object developed to understand its behavior or to make predictions. The representation always involves certain simplifications and assumptions'.The term 'model (noun)' as it applies to the area of basic math can be defined as 'an object, drawing, graph, expression, or equation that represents a given context'.
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