Successive differentiation is the process in which we can differentiate the function successively multiple times and the derivative we find is called the successive derivative.
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The population is the collection or group of observations under study in a survey sampling.The total number of observations in a population is known as population size and it is denoted by N.
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An equated monthly instalment(EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month.
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Sequencing problems deals with the selection of an optimum order for the number of jobs to be performed with a finite number of facilities.
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Integration is the reverse process of differentiation. It is also called anti-differentiation.
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Probability theory: In many real life situations when we are unable to forecast the future with complete certainty. That is, in many decisions, we face the uncertainty. This leads to the study and use of the probability theory.
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Linear programming problems having two variables can be easily solved by a graphical method which provides a pictorial representation of the solution and we get insights into the basic concept used in solve LPP.
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compound interest is calculated on interest as well as on principal. Therefore, compound interest is sometimes described as ‘interest on interest’.
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A distribution is said to be a binomial distribution if the following conditions are met. 1. Each trial has a binary outcome (One of the two outcomes is labeled a ‘success’)