Finite Mathematics for Business, Economics, Life Sciences, and Social SciencesThis mid-level text covers mathematics of finance, linear algebra, linear programming, probability, and descriptive statistics, with an emphasis on cross - discipline principles and practices. Designed to be student friendly and accessible, it develops a thorough, functional understanding of mathematical concepts in preparation for their application in other areas. Coverage concentrates on developing concepts and ideas followed immediately by developing computational skills and problem solving.*Includes over 3300 carefully selected and graded problems, divided into A, B, and C levels of difficulty in each problem set, to develop students' mechanical skills and increase the depth of their understanding*Draws topic selection, coverage, and organization from the course outlines and catalogs of many major colleges and universities |
Contents
Additional Elementary Functions | 77 |
PART PART TWO FINITE MATHEMATICS | 127 |
Mathematics of Finance | 129 |
Copyright | |
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Common terms and phrases
a₁ annuity augmented matrix basic feasible solution basic solution basic variables binomial binomial distribution coefficient compounded annually compounded monthly corner points cost decimal places Discuss distribution dollars dual problem element Example expected value Explore-Discuss feasible region Figure Find formula frequency future value Gauss-Jordan elimination geometric given grams graphing calculator graphing utility indicated integer intercept intersection inverse invested k₁ k₂ labor-hours linear inequalities linear programming linear programming problem loan Markov chain Matched Problem mathematical matrix game Maximize Subject million minimization problem multiplication nonbasic variables objective function optimal solution output plant polynomial pounds probability problem constraints production R₁ R₂ random real numbers row operations S₁ S₂ sample space sequence simple events simple interest simplex method simplex tableau slack variables slalom ski solve standard deviation Step strategy system of linear Theorem tion transition matrix units unpaid balance Write x₁ y₁