MATH 2355 Mathematical Applications for Business
This course will include business and economic applications of mathematics, linear equations, programming, finance, probability, statistics, and use of spreadsheet software. Prerequisite: Completion of MATH 1400 or test into MATH 2350, MATH 2355 or higher. (4 lect.)
Major Topics
- Mathematics of Finance
- Systems of Linear Equations and Matrices
- Linear Inequalities
- Linear Programming and the Simplex Method
- Sets and Counting
- Probability and Statistics
Outcomes
In order to successfully complete this course, the student will:
1. Compute finances related to interest, savings, and loans.
2. Analyze systems of linear equations/inequalities graphically and with matrices.
3. Apply the simplex method to solve linear programming problems.
4. Evaluate elements of sets using the multiplication principle, permutations, and combinations.
5. Calculate problems related to probability and statistics.
6. Solve problems in finite mathematics utilizing technology, software, or other instruments.