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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.
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.
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.
Taylor series method to solve the first order ordinary differential equation- The general first order differential equation
We can lend or borrow money from one entity to another. The price to be paid for the use of a certain amount of money for a certain period of time is known as interest.
Sequencing: Processing n-jobs through 2 machines Consider n jobs (say 1,2, …n) to be processed on two machines A and B, in the order AB.
We denote the product of the positive integers from 1 to n by n! and we read it as “factorial
When we apply any of the following operation on a matrix, then it is called an elementary transformation.
Before studying about permutation and combination, we will have to know about factorial.The product of the positive integers from 1 to n is denoted by n! And we read it as “factorial “
the correction between these n pairs of rank is called the rank correlation in the characteristics A and B for that group of individuals.
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.
The probability of an event X, such that event Y has already happened, is called conditional probability
Graph theory is intimately related to many branches of mathematics. It is widely applied in subjects like, Computer Technology, Communication Science, Electrical Engineering, Physics, Architecture, Operations Research, Economics, Sociology, Genetics, etc. In the earlier stages it was called slum Topology. It also has uses in social sciences, chemical sciences, information retrieval systems, linguistics even in economics also.
An equation consisting of a differential coefficient is called a differential equation.
compound interest is calculated on interest as well as on principal. Therefore, compound interest is sometimes described as ‘interest on interest’.
If the change in one variable affects a change in other variable, then these two variables are said to be correlated.
A differential equation of the form dy/dx + Py = Q is known as a linear differential equation or simply LDE.