Business Mathematics for College Workbook
Edition: 1
Copyright: 2016
Pages: 298
Edition: 1
Copyright: 2016
Pages: 298
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Business Mathematics for College Workbook presents the fundamentals of finite mathematics in a style personalized for first-year college students and provides basic skills in business mathematics. The philosophy is the workbook is "learning by doing," and the method is the successful explanation-activity-homework format. This workbook covers the subject matter enough so that the student can see a variety of realistic and relevant applications. Some applications of linear modeling, mathematics of finance, set theory, probability, are given.
CHAPTER 1 MATHEMATICAL MODELS
1.1 Straight Lines
Homework
1.2 Linear Functions and Models
Homework
1.3 Intersections of Straight Lines
Homework
1.4 Linear Regression Analysis
Homework
Chapter Review
Review Exercises
CHAPTER 2 SYSTEMS OF LINEAR EQUATIONS AND MATRICES
2.1 Systems of Linear Equations: Introduction
Homework
2.2 Applications of Systems of Linear Equations
Homework
2.3 Introduction and Applications of Matrix
Homework
Chapter Review
Review Exercises
CHAPTER 3 LINEAR PROGRAMMING
3.1 Linear Inequalities in Two Variables
Homework
3.2 Linear Programming in Two Dimensions: Geometric Approach
Homework
3.3 The Simplex Method (Optional)
Homework
Chapter Review
Review Exercises
CHAPTER 4 MATHEMATICS OF FINANCE
4.1 Simple Interest
Homework
4.2 Compound Interest
Homework
4.3 Future Value of Annuities and Sinking Funds
Homework
4.4 Present Value of Annuities and Amortization
Homework
Chapter Review
Review Exercises
CHAPTER 5 SETS AND COUNTING
5.1 Set and Set Operations and Venn Diagram
Homework
5.2 The Number of Elements in a Finite Set
Homework
5.3 The Multiplication Principle
Homework
5.4 Permutations and Combinations
Homework
Chapter Review
Review Exercises
CHAPTER 6 PROBABILITY
6.1 Experiments, Sample Spaces, Events, and Probability
Homework
6.2 Rules of Probability
Homework
6.3 Conditional Probability and Independent Events
Homework
6.4 Bayes’ Theorem
Homework
Chapter Review
Review Exercises
CHAPTER 7 PROBABILITY DISTRIBUTIONS AND STATISTICS
7.1 Distributions of Random Variables
Homework
7.2 Expected Value, Variance, and Standard Deviation
Homework
7.3 The Binomial Distribution
Homework
Chapter Review
Review Exercises
CHAPTER REVIEW EXERCISES SOLUTIONS