Finite Mathematics for Business, Economics, Life Sciences, and Social SciencesDesigned to be accessible, this book 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. This book features a collection of important topics from mathematics of finance, linear algebra, linear programming, probability, and statistics, with an emphasis on cross-discipline principles and practices. For the professional who wants to acquire essential mathematical tools for application in business, economics, and the life and social sciences. |
Contents
PART ONE A LIBRARY OF ELEMENTARY FUNCTIONS | 1-1 |
Functions and Graphs | 1-46 |
FINITE MATHEMATICS | 125 |
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annuity augmented matrix binomial binomial distribution coefficient column compound interest compounded monthly coordinate system corresponding cost data set decimal places dollars domain elements Example expected value Explore & Discuss exponential function Figure Find formula frequency future value Gauss-Jordan elimination geometric given graphing calculator indicated integer intercept intersection inverse invested k₁ k₂ labor-hours linear equations linear inequalities linear programming linear programming problem loan logarithmic manufacturing Markov chain MATCHED PROBLEM mathematical matrix game Maximize maximum million Minimize month monthly payments multiplication nearest optimal solution output percentage plant polynomial pounds price-demand probability problem constraints produce profit quadratic function R₁ R₂ random real numbers revenue S₁ sample space Section sequence simple events simplex method Sketch a graph slalom ski slope Solve square standard deviation system of linear Table Theorem transition matrix units vertical Write x₁