Slide 24
Slide 24 text
The BIDE model
Nt+1
= Nt
+ Bt
+ It
− Dt
− Et
As written, this model implies the following:
• B, I, D, and E are not rates, they are the number of
events at time t.
• The model is deterministic, not stochastic
• Time is discrete, not continuous
In reality, things are more complicated, and interest lies in
understanding the factors influencing each process.
Group exercise: Break into teams of 4-5 and create list of
factors influenceing B, I, D, and E.
Definitions Modeling 101 BIDE Assignment 9 / 10