Finite Mathematics for Business, Economics, Life Sciences, and Social SciencesThis 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. |
Contents
PART TWO FINITE MATHEMATICS | 121 |
Home Mortgage | 163 |
and Profit | 254 |
Copyright | |
12 other sections not shown
Common terms and phrases
a₁ absorbing Markov chain Answers to Matched augmented matrix basic variables binomial binomial distribution brand coefficients column compounded monthly Compute cost decimal places Discuss distribution dollars domain elements equation EXAMPLE expected value explore-discuss exponents factor feasible region Figure Find formula frequency Gauss-Jordan elimination geometric given graphing utility indicated integer intercept interest inverse invested limiting matrix linear programming linear programming problem Markov chain MATCHED PROBLEM matrix game Maximize maximum million minimization problem multiplication natural numbers nonbasic variables notation optimal solution optimal strategies payments payoff payoff matrix percentage pivot player polynomial problem constraints produce profit properties quadratic R₁ R₂ real numbers S₁ S₂ saddle values sample space scientific notation sequence simple events simplex method simplex tableau slalom skis Solve standard deviation stationary matrix strictly determined Theorem transition diagram transition matrix units vertical Write x₁