Business Mathematics For MBAs

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Richard Waterman, Mar 28, 2015 - Business & Economics - 350 pages
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A concise eBook for the self-learner.

The book covers the essential mathematical content for any student considering, or taking an MBA degree.

All of the topics appear in a typical MBA program.

Every chapter has practice questions, linked to video solutions.

 

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Contents

RelationshipsFunctions
1
Linear functions
26
A library of useful functions
58
Growth in discrete time
81
Growth in cts time the derivative
98
Derivatives
121
Optimization
136
Working with functions of more than one variable
160
Probability
180
Statistics
207
Practice questions
235
Solutions to practice questions
277
Copyright

Common terms and phrases

additional amount answer approximately Assume average base calculation called compounded conditional Consider constant constraint continuous cost function decreasing defined definition demand depend derivative describe distribution driver elasticity equal equation event example expected expression Figure Find fixed formula future geometric series given gives goes graph growth idea identified increase independent input install interest interpret interval Introduction investment labor linear looking maximize maximum measured million Module 9 multiply negative normal Note Notice optimal output partial derivatives particular percent change period plane population portfolio positive power function present value probability problem production profit question random relationship represented respect rule sample mean shows slope solution solve standard deviation statistics Summary total cost Type units variable variance weight zero

About the author (2015)

Richard Waterman holds a Ph.D. in Statistics from Penn State University. He is a Practice

Professor of Statistics at the Wharton School and has been teaching there since 1993. He regularly taught the MBA Math "Bootcamp" class and teaches extensively in both the Executive and Regular MBA programs. Richard has regularly received teaching awards including the Helen Kardon Moss Anvil Award that is voted on by the MBA student body and presented to the Professor who has exempli ed outstanding teaching quality during the previous year.

He has published work in research journals including Statistical Science, Biometrika and the Journal of the Royal Statistical Society on statistical modeling methodologies. He is also the co-author of two case-books: Basic Business

Statistics and Business Analysis Using Regression published by Springer-Verlag.

In addition to teaching at Wharton, he runs a quantitative business consulting company and has consulted widely with clients ranging from Fortune 500 companies to start-ups. He currently focuses most of his consulting activity on quantitative issues related to legal matters and, in particular, to Intellectual Property and Copyright.

Bibliographic information

QR code for Business Mathematics For MBAs
TitleBusiness Mathematics For MBAs
AuthorRichard Waterman
PublisherRichard Waterman, 2015
ISBN0990497917, 9780990497912
Length350 pages
Subjects › 

Business & Economics / Business Mathematics
  
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