What is a Model? On Models

Lecture 2: Models and Their Use

Robert W. Walker

Outline

• Defining models
• The span of models
• Models in business
• For next time: Data Types and Chapter 1

Syllabus

Updates: Readings for next week, primers, posted.

Website

BUS 1301

Course Tools

• Docs or Word.
  
• Sheets or Excel.
  
• NotebookLM.
  
• Gemini.

What is a Model?

From OED: A representation of structure, and related senses.

The span of models

Models are everywhere and in use in virtually all academic disciplines.

Writeups.
- Formatting a Gemini Response.
- Gemini, Claude, ChatGPT, GrokAI.

Models in business

Models span the business disciplines.

• Business Models

AI Models are Models

They are models of text – the way we communicate.

Website References

• A Takeaway to Work From.

One Model: Gemini for Data Analysis

The world is changing fast. This was a homework assignment just a few years ago.

CAPM

An Exercise with NotebookLM