Data Science Numerical Analysis
Computational efficiency refers to the effectiveness of an algorithm or computational method in terms of its resource consumption, such as time and space, relative to the size of the input data. High computational efficiency means that a method can solve problems quickly and with minimal resource usage, which is crucial for processing large datasets and performing complex calculations. It directly impacts the performance of numerical methods and algorithms used in various applications, making it an essential consideration in the development and implementation of efficient computational techniques.
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