So in this post I’m going to assume you know absolutely nothing about anything. If you know something about something this probably isn’t what you’re looking for. If you’re looking for something which will go into depth on how the price equation is derived this probably isn’t what you’re looking for either. If you simply want to know what the price equation does and how to use it at face value then welcome! You’ve found the right place.
The price equation is used to calculate how the average value of any variant can change within a population from generation to generation.
Here I will cover everything you need to know to understand the equation and slot in the right values:
Continue reading “Mathematical Modelling 101 – The Price Equation”