As with our Stock Valuation Model, parameters are updated overnight.

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Similarly, by adjusting the parameters of the mathematical model, it is possible to change the design of the virtual car, trying out different gearboxes and gear ratios, or adjusting the suspension.

ECONOMIST: Car design

We don't know what are the parameters of this credit-scoring model.

NPR: Credit-Reporting Agencies Create New Scoring Format

With this new model, we don't know where those parameters are going to fall yet.

NPR: Credit-Reporting Agencies Create New Scoring Format

You can build a model of what you know by entering examples from your personal experience and categorizing them according to parameters that you think may be important distinctions between those examples.

FORBES: The Knowledge Revolution Is Not About Big Data, It's About Well-Connected Little Data