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Introduction: The increasing and decreasing functions in business mathematics are the objective life process understood in the form of variables and formulas. In these functions, the variables control the entire process of increasing and decreasing. It is more relative to the rate of change of behaviour in different intervals. The functions are the critical parts responsible for […]

Introduction Complex numbers are imaginary numbers, and the complex plane represents these numbers. Among the two forms of these numbers, one form is z = a + bi, where i is the square root of -1 (i =√−1), and a and b are real numbers. In another form, z=reiθ, r = modulus and θ =

Permutation (shortened as p(n,r)) and combination (abbreviated as c(n,r)) are methods for representing a collection of things by picking them from a set and dividing them into subsets. It specifies the numerous methods for organizing a set of data. Permutations are used to pick data or objects from a group, whereas combinations are used to

The maxima value of the function, which is f(x) , is all the junctures on the function graph, which are known as local maximums. When we shift a small percentage to the left side, the juncture where x corresponds to a is a local maximum that is the juncture where x is less than a

Introduction In easy words, we can say about marginal and conditional distributions, the marginal probability is the likelihood of a single event occurring in the absence of any other events. A conditional probability, on the other hand, is the likelihood that an event will occur if another event has already occurred. Conditional distribution A conditional

Marginal revenue is calculated by dividing the total revenue change by the change in total output quantity. Hence, Marginal Revenue is the sale value of a single additional item sold. Introduction: The increase in revenue caused by the sale of one more additional output unit is referred to as marginal Revenue (MR). If the Marginal

Introduction A logarithmic function is a crucial tool in mathematical calculations. John Napier, a Scottish mathematician, scientist, and astronomer, discovered logarithms in the 16th century. It does have a wide range of uses in astronomical and scientific calculations that involve large numbers. Exponential functions are closely connected to logarithmic functions, and the inverse of the

What is a linear equation? A linear equation is critically significant in business decision-making, creating the incorrect decision associated with the manufacturing of passing. Its revenue cost goes up to millions of dollars. Business involves such exploratory techniques to gather and explore data allowing them to build potential decisions. In such a case, this type

In this article, we’ll learn what is the objective function in linear programming problems and how it is used to solve programming problems. The objective function utilises variables. Maximising or minimising the function gives a solution for the function. Well, also see what the objective function in a linear programming problem is. In linear programming

In this blog post, we will discuss limits, continuity, and differentiability. Limits are used to determine the behavior of a function near a certain point. continuity is used to determine whether or not a function is smooth near a certain point. differentiability is used to determine how much a function changes at a certain point.