We have great pleasure in presenting First edition “Quantitative Analysis for Business” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to pro vide the students with thorough understanding of Quantitative Analysis for Business. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Module – 1 Percentages, Ratios and Proportions
Introduction
Percentages
Meaning of Percent
Meaning of Percentage
Difference between Percent and Percentage
Expression of Percent
Calculation of Percentage
Overview of Ratios
Basic Terms of Ratios
Types of Ratios
Simple Problems
Overview of Proportions
Basic Terms
Properties of Proportion
Simple Problems on Direct
Inverse Proportion
Review Questions
Module – 2 Equations & Set Theory
Introduction
Meaning of Equations
Types of Equations
Linear Equation
Meaning of Linear Equation
Simultaneous Equation
Meaning of Simultaneous Equation
Problems with only two Variables
Quadratic Equation
Meaning and Problems under Factorization and Formula Method
Meaning of Set
Representation of a Set
Types of Set
Operations on Sets
Union
Intersection
Disjoint Sets
Complement of a Set
Difference of Two Sets
Venn Diagrams
Properties of Set Operations
De-morgan’s Law
Practical Problems on Union
Intersection of Two Sets
Review Questions
Module – 3 Basic Concepts of Permutations and Combinations
Introduction
Fundamental Principle of Counting
Factorial Notation
Permutations
Permutation with Repetition
Permutation of Alike Objects
Permutation under Restriction
Combinations
Relation between Permutation and Combination
Combinations under Restrictions
Combinations of Alike Objects
Review Questions
Module – 4 Matrices and Determinants
Introduction
Meaning of Matrices
Types of Matrices
Addition of Matrices
Subtraction of Matrices
Multiplication of Matrices
Determinants of Order two and
Three Adjoint & Inverse of a Matrix
Problems on Linear Equations in two
Variables using Cramer’s Rule
Review Questions
Module – 5 Quantitative Finance
Introduction
Definition of Interest
Other Terms
Simple Interest
Compound Interest
Effective Rate of Interest
Present Value
Future Value
Perpetuity
Annuity
Sinking Fund
Valuation of Bonds
Calculating of EMI
Simple Problems
Review Questions
Skills Development
