compound interest is calculated on interest as well as on principal. Therefore, compound interest is sometimes described as ‘interest on interest’.
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’)
Basically correlation is the measurement of the strength of a linear relationship between two variables say x and y.
An equation consisting of a differential coefficient is called a differential equation.
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.
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.
Integration is the reverse process of differentiation. It is also called anti-differentiation.
Sequencing problems deals with the selection of an optimum order for the number of jobs to be performed with a finite number of facilities.
compound interest is calculated on interest as well as on principal. Therefore, compound interest is sometimes described as ‘interest on interest’.
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’)
Basically correlation is the measurement of the strength of a linear relationship between two variables say x and y.
An equation consisting of a differential coefficient is called a differential equation.
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.
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.
Integration is the reverse process of differentiation. It is also called anti-differentiation.
Sequencing problems deals with the selection of an optimum order for the number of jobs to be performed with a finite number of facilities.
compound interest is calculated on interest as well as on principal. Therefore, compound interest is sometimes described as ‘interest on interest’.
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’)
Basically correlation is the measurement of the strength of a linear relationship between two variables say x and y.
An equation consisting of a differential coefficient is called a differential equation.
When one task is to be assigned to one person in such a way that the total person hours are minimized, then this kind of problem is known as assignment problem.
Skewness is one of the most important topics in mathematical statistics. The word skewness means lack of symmetry
Simpson’s rules are very useful in numerical integration to evaluate such integrals.
A matrix is the rectangular arrangement of arrays, that we arrange in rows and columns. the term “Matrix” was coined by James Joseph Sylvester in 1850. In this blog we are going to discuss about the matrix operations
When one task is to be assigned to one person in such a way that the total person hours are minimized, then this kind of problem is known as assignment problem.
The characteristic equation is the equation which is used to find the Eigenvalues of a matrix. This is also called the characteristic polynomial.
Comparison test, which is also known as limit comparison test. we use this method to test the convergence of an infinite series.
Moments are the statistical tools used to describe the characteristics of a distribution. moments are the arithmetic means of first, second, third and fourth.
Overview(Maxima and minima)- A function f(x) is said to be maximum at x = a if …