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MATH 204 MATHEMATICS FOR BUSINESS ANALYSIS I
SPRING 2011
SECTION
TIME
DAYS
ROOM
005
1:50 – 2:50
MTW F
D 310*
* Subject to change
INSTRUCTOR: Dr. Pathma S. Thewarapperuma
OFFICE: Swart 125, PHONE: 424 7348, e-MAIL: [email protected]
OFFICE HOURS: MON 11:30 – 12:30, TUE 12:40 – 1:40, WED 11:30 – 12:30
Other times by appointment
TEXT: Finite Mathematics for business, Economics, Life Sciences & Social Sciences
11th edition by Raymond A Barnett, Michael R. Ziegler and Karl E. Byleen
Bring your textbook to class
CALCULATOR: TI – 83, TI – 83 Plus or TI – 84 Plus calculator is required.
EXAMS: There will be four one-hour examinations. Tentative dates for the exams:
EXAM
TOPIC
Exam 1
Exam 2
Exam 3
Exam4
A-1 to A-7,Ch1, 2-1,2-2
2-3, 2-4, 2-5, 4-1,Ch5
Chapters 3
Chapters 7, 8, 11
DATE
February 22, 2011
March 15, 2011
April 6, 2011
May 11, 2011
Make-up exams will not be given except when the student has a valid reason for the absence.
QUIZZES: There will be quizzes throughout the semester. Some of these will be take – home quizzes.
There will be NO make-ups on quizzes. No extra-credit work will be given!
HOMEWORK: Problems from the text will be assigned each day. While the solutions to assigned problems will not
be collected, you should do the problems in order to learn the proper application of the techniques and concepts
covered in the text. If you want me to do any of these problems, write the number/s on the board so that I can do it before I
start the next section.
GRADING POINTS:
Exams 1 - 4 [100 points each] ; total for exams = 400 points
Quizzes [10 points each];
total for quizzes= 100 points
Total = 500 ponts
While attendance is not required, it is important that you attend class and take part in class activities. I have observed
that students who attend classes regularly and take part in class activities get good grades, while those with poor
attendance get poor grades.
Total
450 - 500
415 - 449
390 - 414
372 - 389
Grade
A
AB+
B
Total
350 – 371
330 – 349
300 – 329
298 - 299
Divide each entry by 5 to obtain the corresponding percentages.
CELL PHONES:
Grade
BC+
C
C-
Total
280 - 297
265 - 279
250 - 264
0 - 249
Grade
D+
D
DF
All cellular phones, pagers and other electronic equipment should be turned off and put away during class
period
GENERAL GOALS AND OBJECIVE FOR THE COURSE:
Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply
the knowledge of functions to business applications such as simple, compound or continuous compound
interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions,
and finding break even points.
Use geometric method to solve linear programming problems. Interpret information as an objective function
with constraints, set up the linear programming problem, solve the problem and interpret the result in the
context of the problem.
Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the
mathematical knowledge of probability to business problems and interpret the results.
Represent data with graphical and numerical summaries. Calculate probabilities for binomial and normal
distributions. Apply the statistical skills to problems in various business settings and interpret the results.
COURSE DESCRIPTION: The first course in mathematics for business students is divided into five parts:
Functions, Mathematics of Finance, Systems of Linear Equations and Matrices, Linear Programming, Probability and
Statistics. The course will cover most of the material in Chapters 1-8 of the text. The course will cover the following
topics.
 Basic Algebra Review
Functions: Linear, quadratic, rational, exponential and logarithmic function. Transformation of functions and
graphing.
Mathematics of Finance: Simple and compound interest, future value and present value of annuities, sinking
funds, and amortization.
Systems of Linear Equations: Solution of systems of linear equations by graphing, substitution, elimination by addition.
Linear Programming: Systems of linear inequalities in two variables, geometric approach to solving linear
programming problems in two variables.
Probability and Statistics: Operations on sets, counting techniques including permutations and combination,
basic properties of probability, conditional probability, Bayes’ rule, random variables and expected values.
Graphical description and numerical summaries of data. Binomial distribution and normal distribution.
MY SCHEDULE:
Hour
8:00 – 9:00
9:10 – 10:10
10:20 – 11:20
Monday
Math 201-001
Math 201-002
Math 201-001
Math 201-002
Math 201-001
Math 201-002
11:30 – 12:30
12:40 - 1:40
1:50 – 2:50
3:00 – 4:00
Office Hour
Lunch
Math204-005
Office hour
Lunch
Math204-005
Lunch
Math204-005
TENTATIVE SCHEDULE:
Tuesday
Office Hour
Math204-005
Wednesday
Thursday
Friday
MONDAY
1-31 , A–1, A-2
A1: 21, 23
A2:25,27,35,39,45,59,61
2-7 A-6
7,9,17,23
Quiz 1
2-14 Sec 1-2
57,61,63,65
2-21
Review
2-28 Sec 2-4
43,45,47,49,51
3-7 Sec 4-1
17,23,53,57,61
Quiz 4
3-14
Review
3-28 Sec 3-2
47,69,79,93,97
4-4 Sec 3-4
35,37,39,43,49
QUIZ 6
4-11 Sec 7-4
33,41,61,63,65
4-18 Sec 8-2
31,33,77,81,83
4-25 Sec 8-4,
8-4:25,27,47,49,51
5 -2 Sec 11-2
7,15,19
5-9 Sec 11-5
53,55,59,63,65
TUESDAY
WEDNESDAY
2-1 A-3
2-2 A-4
7,15,23,33,41,51,55 3,7,11,13,15,21,23,
29,35
2-8 A-6
2-9 A-7
25,35,37,45,59
11,21,35,37,45
FRIDAY
2-4 A-5
15,23,25,35,37
2-15 Sec 1-3
3,5,9,15
Quiz 2 *
2-22
EXAM 1
3-1 Sec 2-4
61,63,65,73,75
Quiz 3*
3-8 Sec 5-1, 5-2
5-1:31,33,41,45,47
5-2:17,27,33,39,43
3-15
EXAM 2
SPRING
2-16 Sec 2-1
61,63,67,69,123
2-11 Sec 1-1,1-2
1-1:59,61
1-2:41,43,47,49,51
2-18 Sec 2-2
11,23,47,61,65
2-23 Sec 2-3
9,15,17,23,25
3-2 Sec 2-5
23,33,35,39,41
2-25 Sec 2-3
57,59,61
3-4 Sec 2-5
53,57,75,93,95
3-9 Sec 5-3
11,15,17,19,21
3-11 Sec 5-3
31,33,35,41,43
3-16 Sec 3-1
35,39,45,49,51
BREAK
3-18 Sec 3-2
35,41,43,61,63
3-29 Sec 3-3
21,23,29,31,33
Quiz 5
4-5
Review
3-30 Sec 3-3
25,27,35,37,39
4-1 Sec 3-4
21,23,25,29,31
4-6
Exam 3
4-12 Sec 8-1
3,5,13,15,19
Quiz 7*
4-19 Sec 8-3
5,7,11,29,31
Quiz 8
4-26 Sec 8-5
3,7,9,11
4-13 Sec 8-1
53,77,83,91,95
4-8 Sec 7-2&7-3
7-2:73,77,79,81,83
7-3:35,49,55,57,59
4-15 Sec 8-2
3,5,13,23,29
4-20 Sec 8-3
33,37,39,49,59
4-22 Sec 8-4
11,15,17,21,23
4-27 Sec 8-5
15,23,29,31,37
Quiz 9
5-4 Sec 11-4
7,9,19,21,23,43,49,51
4-29 Sec 11-1
15,27
5-3 Sec 11-3
11,13
Quiz 10 *
5-10
Review
5-11
EXAM 4
I reserve the right to make any changes/corrections.
5-6 Sec 11-5
13,17,19,21,25
_