Mathematics For Management -I

                                                                                                                                                            Syllabus

MATHEMATICS FOR MANAGEMENT- I

Unit-I

Matrices: Fundamental ideas about matrices and their operational rules – Matrix multiplication Inversion of square matrices of not more than 3rd order- solving system of simultaneous linear equations.

Unit-II

Set theory – Introduction – Types of sets – set operation – Venn Diagrams – Mathematics of Finance – Simple and Compound Interest. (Simple problems only).

Unit-III

Meaning and Definitions of Statistics – Scope and Limitations. Collections of data –primary data and secondary data – Presentation of data by Diagrammatic and Graphical Method – Formation of Frequency Distribution. Measures of Central tendency  –  Arithmetic Mean, Median and Mode.

Unit-IV

Measures of Variation: Standard, Mean and Quartile deviations-Co efficient of variation. Simple Correlation – Karl Pearson‘s Co-efficient of correlation – Rank correlation – Regression lines.

Unit-V

Analysis of Time Series: Methods of Measuring Trend – Index number – Unweighted and Weighted indices –Tests of index numbers – Consumers price and cost of living indices.