Calculation
A calculation is a deliberate process that transforms one or more inputs into one or more results, with variable change. The term is used in a variety of senses, from the very definite arithmetical calculation of using an algorithm, to the vague heuristics of calculating a strategy in a competition, or calculating the chance of a successful relationship between two people.
For example, multiplying 7 by 6 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a complex algorithmic calculation.
Statistical estimations of the likely ...more
For example, multiplying 7 by 6 is a simple algorithmic calculation. Estimating the fair price for financial instruments using the Black–Scholes model is a complex algorithmic calculation.
Statistical estimations of the likely ...more
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“
[S]he stood for some moments gazing at the sisters, with affection beaming in one eye, and calculation shining out of the other.
”
― Martin Chuzzlewit
― Martin Chuzzlewit

“
If he [Thomas Edison] had a needle to find in a haystack, he would not stop to reason where it was most likely to be, but would proceed at once with the feverish diligence of a bee, to examine straw after straw until he found the object of his search. � Just a little theory and calculation would have saved him ninety percent of his labor.
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