Business Mathematics and Statistics (Algebra, Geometry and Business Statistics)Ram Krishna Ghosh and Suranjan Saha(NCBA).

Original price was: ₹585.00.Current price is: ₹470.00.

SKU: 9788173819759
📊 Module I: Business Mathematics:-
This segment focuses on the algebraic and algorithmic principles needed to analyze commercial operations, manage financial computations, and model optimization problems.
  • Permutations and Combinations: Grouping, sequencing, and arrangement principles used to determine strategic combinations in operational management.
  • Logarithms: Rules of logarithmic operations, indices, and their application to complex financial scaling. []
  • Elements of Set Theory: Venn diagrams, union/intersection properties, and building mathematical logic for market research. []
  • Binomial Theorem: Expansion formulas used in probabilistic modeling and quantitative expansions. []
  • Compound Interest and Compounding: Mathematical formulas for computing periodic multi-frequency compound interest rates on business capital.
  • Annuities and Sinking Funds: Present value, future value, amortizations, and calculation frameworks for investment planning or debt retrieval.

📈 Module II: Business Statistics:-
This segment covers the systemic collection, presentation, and analysis of numerical business inputs to aid corporate decision-making and forecasting.
  • Introduction to Statistics: Methods for raw data collection, classification, tabulation, and visual presentation using frequency distributions.
  • Measures of Central Tendency: Mathematical calculations for Mean, Median, Mode, Geometric Mean, and Harmonic Mean.
  • Measures of Dispersion & Skewness: Range, Quartile Deviation, Mean Deviation, Standard Deviation, and assessing asymmetrical variations in market data.
  • Correlation and Regression Analysis: Evaluating bivariate relationships, finding Pearson’s coefficient, and establishing trend forecasting lines.
  • Time Series Analysis: Deconstructing trend shifts, seasonal movements, cyclical elements, and fitting linear models.
  • Index Numbers: Principles of building price and quantity indices, weighted aggregate formulas, and purchasing power adjustments.

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