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67-204  Math for Business Analysis I:

67-204  Math for Business Analysis I
Section 02    8:00-9:00  MWRF   Swart 3

Instructor:

Jeannette Boudry

Office:

Swart 221

Phone:

424-7349  Office
424-1333  Math Office

E-mail

boudry<at>uwosh.edu

Office Hours:

10:20-12:30 MWF, 9:10-10:10 Th

Textbook:

Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences,
10th edition by Barnett, Ziegler, and Byleen

Calculator:

The graphing calculator TI-83 or TI-84 is required.  Bring you calculator to class every day.

Help:

You should get help as soon as you find yourself not understanding something in class.  Please come in and see me during my office hours.  Tutors are available free of charge in the Math Lab in Swart 113 from approximately 8 am – 4 pm Monday through Friday.  The exact schedule of hours will be posted.

Attendance:

Attendance will count as 5% of your grade.  Attendance will be taken each class.  You are expected to attend and participate in each class.  More than 2 absences (for any reason, illness, prior commitments, family matters, religious observance, . . .)  will affect your final grade by losing one percent of your course grade for each class missed.  Arriving late or leaving early will count as half a point.

Homework:

We will be covering Chapters 1, 2, 3, Sections 4.1-4.6, 5.1-5.2, 6.2-6.4, Chapters 7,8.  At the end of each section problems will be assigned.  These will not be collected but used for discussion.  There will also be some assigned homework problems to hand-in throughout the term that will be graded.  These will be due at the beginning of the class period on the due date.  There will be absolutely no make-ups of the hand-in homework problems.  These will be worth 30 points each.
    

Quizzes:

There will be very short quizzes at the beginning of many class periods. There will be absolutely no make-ups of quizzes.  The two lowest grades will be dropped.  These will be worth 5 points each.

Tests:

There will be 4 exams.  They will each be worth 100 points.  There will be no make-up tests given except under special circumstances and prior notice.

            Tentative Test Schedule
            Test 1    Fri.       Sept. 29     Chaps. 1, 2         
            Test 2    Thurs.  Oct. 26      Chap. 3, Sections 4.1-4.4
            Test 3    Wed.     Nov. 15     Sections 4.5, 4.6, 5.1, 5.2, 6.2-6.4
            Test 3    Fri.       Dec. 15     Chaps. 7, 8
 

Grading:

The following scale will be used to calculate your grade.

            Scale:
            92-100%         A
            88- 91%          AB
            82- 87%          B
            78- 81%          BC
            70- 77%          C
            60- 69%          D
            Below 60%      F

Academic Honesty
Policy:

Cheating on an exam, plagiarizing or any other form of academic dishonesty will be dealt with in accordance with the current UWO Student Discipline Code.  The instructor reserves the right to assign a grade of “F” for the course should circumstances warrant.

 

There will be no class on Wed. Nov. 22, Thurs. Nov. 23, and Fri Nov. 24 due to the Thanksgiving Break

The last day to drop without Late Drop Form is Friday Oct. 20

Mathematics For Business Analysis I
Math 204
Course Objectives

The first course in mathematics for business students is divided into five parts:

Functions

The objection of this part of the course is to present the idea of a function and its uses.

Mathematics of Finance 

The objective of this portion of the course is to present an introduction to the mathematics involved in such financial matters as simple and compound interest, annuities, sinking funds, present values, and the amortization problem as applied to mortgages and installment buying.

Systems of Linear Equations and Matrices 

The objection here is to learn various ways of solving systems of equations:  by graphing, by substitution, and by using the Gauss-Jordan elimination method.  This includes the special cases where the systems may have infinitely many solutions or where the number of variables may not be the same as the number of equations.  The use of matrices, including the inverse is studied.

Linear Programming

The objection here is to teach the basic concepts of solving certain linear programming problems; that is, to find the solution that maximizes or minimizes an objective function subject to the constraints of a system of inequalities.  The geometric approach to solving a linear programming problem will be studied.

Probability and Data Description 

The objective of this unit is to familiarize business students with the basic concepts of probability and descriptive statistics.

Homework Assignments

Section

Problems

1.1

#1-49 odd, 55-83 odd, 85-87, 89

1.2

#1-8, 9-71 odd

1.3

#1-4, 5-61 odd, 62, 63-71 odd

1.4

#1-33 odd, 34, 35-51 odd, 52, 53-59 odd

Review Chap. 1

#1-49

2.1

#1-24, 25-49 odd, 50, 51-61 odd, 67

2.2

#1-33 odd, 43-51 odd, 57-71 odd, 75-79 odd

2.3

#1-41 odd, 49, 53-87 odd, 88, 89-97 odd, 101, 105, 106

Review Chap. 2

#1-63, 66, 67, 69, 70

3.1

#1-44 odd, 45-47

3.2

#1-45 odd, 46, 47-71 odd

3.3

#1-25 odd, 26, 27, 28, 29-37 odd

3.4

#1-49 odd

Review Chap. 3

#1-58

4.1

#1-4, 5-65 odd

4.2

#1-10, 11-33 odd, 39-65 odd

4.3

#1-10, 11-67 odd, 73-79 odd

4.4

#1-47 odd, 51-65 odd, 69, 71, 72

4.5

#1-59 odd, 60, 61, 65, 67

4.6

#1-45 odd, 49, 51, 55

Review Chap. 4

#1-28, 32-35, 37-49, 52

5.1

#1-57 odd

5.2

#1-27 odd, 31-41 odd, 43, 45

Review Chap. 5

#1-3, 17, 19, 27, and only solve geometrically 24, 25, 31, 32

6.2

#1-10, 13-55 odd, 56, 57-79 odd

6.3

#1-61 odd

6.4

#1-63 odd

Review Chap. 6

#7-10, 13-20, 27-29, 31-36, 43-48

7.1

#1, 2, 3-69 odd, 75-81 odd

7.2

#1-57 odd, 61-73 odd

7.3

#1-55 odd

7.4

#1- 39 odd, 43-51 odd

7.5

#1-31 odd, 35-41 odd

Review Chap. 7

#1-48, 51-59, 61-70

8.1

#1-9 odd, 10, 11-23 odd, 24, 25, 27

8.2

#1-5 odd, 7, 8, 9A, 11A, 12A, 13-23 odd

8.3

#1-5 odd, 7, 8, 9a), 11-17 odd

8.4

#1-19 odd, 20, 21-31 odd, 35, 37, 39, 40, 41A, 43-59 odd

8.5

#1-27 odd, 28, 51A, 53, 55, 59-65 odd

Review Chap. 8

#1-11, 13, 15-18, 19A, 20AB, 21-24, 26