The process used in certain economic, cost-benefit, engineering, or traffic studies where multiple factors, elements, and/or outcomes are evaluated and compared by the use of measurable data. Certain mathematical models, formulas, numerical indices, rankings, and value matrices may be used to assist with such a process.
Using advanced mathematical and programmnig techniques to model, analyze, and predict the markets. The dream job. Also known on Wall Street as "Rocket Science" although it has nothing to do with rockets and is, in fact, far more complex than the science related to rocketry.