We will discuss these two approximation methods today, and we'll save approximation with higher degree polynomials for Calculus 2.\n\nOf course, it's kind of silly to do linear or quadratic ...

You can learn about the Markov chain approximation method from the lecture. Codes for examples used in the lecture are given. Details below: You need matlab for both the examples.

In simple terms, approximation means replacing actual numbers with their nearby simple values to make calculations faster. For example, instead of multiplying 19.9 with 5.1, you can take them as 20 ...