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 MATHEMATICS FOR MANAGEMENT

UNIT - I
Sets and set operation - Venn Diagrams - Elements of Co-ordinate system.
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 liner equations.
UNIT-II
Mathematics of Finance and series simple and compound interest - Arithmetic
progression - Geometric progression (Simple problems only).
UNIT-III
Meaning and Definitions of Statistics - Scope and Limitations. Statistical
enquiries - Scope of the problem - Methods to be employed types of enquiries -
Presentation of data by Diagrammatic and Graphical Method - Formation of
Frequency Distribution.
UNIT-IV
Measures of Central tendency - Arithmetic Mean, Median, Mode, Geometric and
Harmonic mean, Measures of variation and standard, mean and quartile
deviations - Skew ness and Kurtoses Lorenx curve, Simple Correlation -
Scatter diagram - Karl Pearson’s Co-efficient of correlation – Rank correlation -
Regression lines.
UNIT-V
Analysis of Time Series: Methods of Measuring - Trend and Seasonal
variations - Index number - Unweighted indices - Consumers price and cost of
living indices.