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There are several benefits of algorithm analysis, both to those developing algorithms and to users of these various algorithms. Some of these benefits include the following :

- Algorithm analysis helps us understand just how effective an algorithm is .
- It helps us determine the time complexity and known what problems the algorithm is best suited for.
- It enables us know what algorithms to use best on the system during certain project or task execution

The growth rate of an algorithm can be explained as the rate and increase in cost of the algorithm as the input size also increases .