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Discounted Cash Flow (DCF) is a valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money. By calculating the present value of expected returns, DCF helps investors assess whether an investment is likely to be profitable or not.
Tensor calculus is an extension of vector calculus to tensor fields, providing a framework to perform calculus on manifolds, which are generalizations of curves and surfaces. It is a fundamental tool in differential geometry and theoretical physics, particularly in the formulation of Einstein's General Theory of Relativity, where it is used to describe the curvature of spacetime.
Coordinate transformations are mathematical operations that convert coordinates from one system to another, allowing for the analysis and interpretation of geometric data in different frames of reference. They are essential in fields like physics, engineering, and computer graphics, where different coordinate systems are used to simplify problem-solving and visualization.
Basis vectors are a set of vectors in a vector space that are linearly independent and span the entire space, meaning any vector in the space can be expressed as a linear combination of these basis vectors. They provide a framework for defining coordinates and dimensionality in vector spaces, making them fundamental in linear algebra and its applications.
Invariant properties refer to characteristics of a system or object that remain unchanged under certain transformations or conditions, providing a consistent framework for analysis. These properties are crucial in fields like mathematics, physics, and computer science, where they help in simplifying problems and proving theorems by focusing on what remains constant amidst change.
General relativity, formulated by Albert Einstein, is a theory of gravitation that describes gravity as the warping of spacetime by mass and energy, rather than as a force acting at a distance. It fundamentally changed our understanding of the universe, predicting phenomena such as the bending of light around massive objects and the existence of black holes.
Differential geometry is the field of mathematics that uses the techniques of calculus and linear algebra to study problems in geometry, particularly those involving curves and surfaces. It plays a crucial role in understanding the geometry of differentiable manifolds and has applications in physics, particularly in the theory of general relativity and modern theoretical physics.
A metric tensor is a mathematical object that defines the distance between points in a given space, providing the means to measure angles, lengths, and volumes. It plays a crucial role in the formulation of general relativity, where it describes the curvature of spacetime caused by mass and energy.
Tensor notation is a mathematical framework that simplifies the representation and manipulation of multidimensional arrays, enabling the concise expression of complex relationships in physics and engineering. It leverages indices to denote the components of tensors, facilitating operations like addition, multiplication, and differentiation in a compact form.
Linear algebra is a branch of mathematics that deals with vector spaces and linear mappings between these spaces, focusing on the study of lines, planes, and subspaces. It is fundamental in various scientific fields, providing tools for solving systems of linear equations, performing transformations, and analyzing vector spaces and matrices.
Index notation is a mathematical notation used to represent elements of arrays, vectors, and tensors, providing a compact and efficient way to handle multi-dimensional data. It is essential for simplifying complex equations in linear algebra and tensor calculus by using indices to denote specific components or elements.
The Einstein Summation Convention is a notational shorthand in which repeated indices in a tensor expression imply summation over those indices, simplifying complex equations in tensor calculus. This convention is widely used in physics and engineering, particularly in the fields of general relativity and continuum mechanics, to streamline the representation and manipulation of multi-dimensional arrays.
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