Abstract
Linear Algebra is prominent everywhere in our every day life. In this chapter we illustrate this fact using five different applications: The PageRank algorithm for ranking the importance of documents, no claims discounting schemes of car insurances, production planning in a plant, future profit estimation of companies, and circuit simulation.
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Notes
- 1.
“Man muss den Lernenden mit konkreten Fragestellungen aus den Anwendungen vertraut machen, dass er lernt, konkrete Fragen zu behandeln.”
- 2.
Translation of a text found in 2010 on http://www.google.de/corporate/tech.html.
- 3.
The term “linear” originates from the Latin word “linea”, which means “(straight) line”, and “linearis” means “consisting of (straight) lines”.
- 4.
Gustav Robert Kirchhoff (1824–1887) .
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Liesen, J., Mehrmann, V. (2015). Linear Algebra in Every Day Life. In: Linear Algebra. Springer Undergraduate Mathematics Series. Springer, Cham. https://doi.org/10.1007/978-3-319-24346-7_1
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DOI: https://doi.org/10.1007/978-3-319-24346-7_1
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-24344-3
Online ISBN: 978-3-319-24346-7
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