67-204 Mathematics for Business Analysis I

Fall 2000

Section 13 Edwards 3:00 to 5:00 M W

Instructor: Dr. Chris Edwards Phone: 424-1358 Office: Swart 123 Classroom: Swart 4

Text: Finite Mathematics, 8th Edition, by Barnett, Ziegler, and Byleen.

Required Calculator: TI-83 or the TI-83-Plus, by Texas Instruments. (I will use the TI-83’s in class; if you have some other TI (like the TI-82, or TI-85, etc.) or some other graphics calculator and find it works for you, that’s fine. I cannot support it as well, though. (In the past, however, I have found those students using TI-82’s or TI-85’s have been at a distinct disadvantage.)

Grading: Final grades are based on these 700 points:

 

Topic

Points

Tentative Date

Exam 1

Basic Functions and Financial Analysis

100 pts.

Sept. 27

Exam 2

Linear Equations and Linear Programming

125 pts.

Oct. 25

Exam 3

Combinatorics, Probability, and Statistics

100 pts.

Nov. 20

Exam 4

Games and Markov Chains

75 pts.

Dec. 13

Quizzes

 

100 pts.

Between Exams

Homework

 

160 pts.

Biweekly

Presentation

 

40 pts.

Before Exams

Make-up exams will be given only in special circumstances. Please see me at least two class days before an Exam to discuss a make-up Exam.

Homework and Quizzes: There will be eight (8) homework assignments each worth twenty (20) points and four (4) quizzes each worth twenty-five (25) points. Late homework will not count for full credit.

Cooperation on homework is encouraged; copying is not. You are urged to work together on homework to solve problems; however, each of you must submit your own write-up.

Presentations: Each student will contribute to a 4- or 5-person group presentation on one of eight topics. These presentations will be about 15 minutes in length. Your grade on the presentation will be based on class (and my) critiques.

Office Hours: Office hours are times when I will be in my office to help you. There are many other times when I am in my office. If I am in and not busy, I will be happy to help. My office hours for Fall 2000 semester are 10:20 to 11:00 Monday, Wednesday, and Friday, and 2:00 to 2:50, Monday, and Wednesday, or by appointment.

 

Philosophy: I strongly believe that you, the student, are the only person who can make yourself learn. Therefore, whenever it is appropriate, I expect you to "discover" the mathematics we will be exploring. I do not feel that "lecturing" to you will teach you how to do mathematics. I hope to be your "guide" while we learn some mathematics, but you will need to do the learning. I expect each of you to come to class prepared to discuss the day’s material. That means you will have to pre-read each section of the text carefully before class.

My idea of teaching / learning is not "Teaching is telling and learning is listening". I believe that you must be active in the learning process to learn well. My role as a teacher, therefore, is not to "tell" you the answers to the problems we will encounter; rather it is to point you in a direction that will allow you to see the solutions yourselves. To accomplish that goal, I will work to find different interactive activities for us to work on. Your job is to use me, to use your text, to use your friends, and to use any other resources. Keep in mind that the goal is to learn mathematics, not to pass the exams. (Incidentally, if you have truly learned the material, the test results will take care of themselves.)

The tentative schedule below details the course content, due dates of the homework and quiz and exam dates.

 

 

Monday

Wednesday

Sept 4

NO CLASS

Sept 6

Handouts - Group Work, TI-83

Introduction, 1-1

Sept 11

Handouts - Calculator, Regression

1-2, 1-3

Sept 13

2-2, 2-3

Sept 18

Quiz 1, Homework 1 due

3-1, 3-2

Sept 20

Handout - Annuities

3-3, 3-4

Sept 25

Present: 1,2,3

Review

Sept 27

Homework 2 due

EXAM 1

Oct 2

4-1, 4-2, 4-3

Oct 4

Handout - Linear Algebra

4-4, 4-5

Oct 9

Quiz 2, Homework 3 due

4-6, 4-7

Oct 11

5-1, 5-2

Oct 16

5-3, 5-4

Oct 18

Handout - Simplex Method

5-5, 5-6

Oct 23

Present: 4, 5

Review

Oct 25

Homework 4 due

EXAM 2

Oct 30

6-1, 6-2

Nov 1

6-3

Nov 6

Quiz 3, Homework 5 due

6-4, 6-5

Nov 8

Handout - Simulation

6-6, 6-7

Nov 13

7-5, 7-6

Nov 15

Present: 6

Review

Nov 20

Homework 6 due

EXAM 3

Nov 22

NO CLASS

Nov 27

8-1, 8-2

Nov 29

8-3, 8-4

Dec 4

Quiz 4, Homework 7 due

9-1, 9-2

Dec 6

9-3

Dec 11

Present: 7, 8

Review

Dec 13

Homework 8 due

EXAM 4

Tentative Homework Assignments:

HW 1: 1-1: 94 1-2: 68
1-3: 72 2-2: 74
2-3: 108

HW 2: 3-1: 36 3-2: 48
3-3: 36 3-4: 36
3-4: 38

HW 3: 4-1: 44 4-2: 62
4-3: 68 4-4: 64
4-5: 60

HW 4: 4-6: 50 4-7: 22
5-1: 54 5-2: 36
5-3: 12

HW 5: 5-4: 44 5-5: 48
5-6: 38 6-1: 52
6-2: 42

HW 6: 6-3: 44 6-4: 68
6-5: 50 6-6: 50
6-7: 22

HW 7: 7-5: 42 7-6: 56
8-1: 22 8-2: 26
8-3: 10

HW 8: 8-4: 12 9-1: 60
9-2: 38 9-3: 46

Presentation Topics:

1) Math Modeling in Business p 74-75

2) Reducing Payments p 171-172

3) Yield To Maturity p 172-173

4) Using Matrices p 262-263

5) Production Scheduling p 364

6) Draft Lottery p 460-461

7) Baseball Strategy p 561

8) Gambler’s Ruin p 611

 

 

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Managed by: Chris Edwards
edwards@uwosh.edu
Last updated: September 6, 2000