Assessment of Private Education Based on Mathematical Modeling Techniques

Abstract

As the world evolves, there is always a need for managing the different business and education problems with a well defined policy. However, the field of education is still lacking well defined models that are based on mathematical formulae. Therefore, it was the aim of this research to develop a mathematical model that can help planning and managing the education system. Statistical tools are certainly of value, yet with diversity of data and parameters, the option was to use a model based on system dynamics. The preliminary results points to the validity of that model.