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Probability and Set Theory: Key Concepts and Formulas

Classified in Mathematics

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De Morgan's Law

De Morgan's Law: (Flip if the union is true)

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Possible Outcomes and Probability Calculations

  • Repetition formula: nk
    • Example: 5 awards (k) and 30 students (n), with no limit to awards per student.
  • Permutation formula: P(n, k) = n! / (n - k)!
    • Example: Each student gets 1 award, so the number of students decreases by one each award.
  • No overlap probability: P(n, k) / repetition formula
  • Arrangements: a = slots → a! can be multiplied by arrangements within slots
  • Die sum probability:
    • List combinations that lead to the sum for each die.
    • If a die is rolled multiple times, each combination has (rolls)! permutations.
    • Add
... Continue reading "Probability and Set Theory: Key Concepts and Formulas" »

Numerical Computing & Linear Algebra Essentials

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Floating Point Systems & Numerical Error

A Floating Point (FP) System represents numbers as: x = ± (d0 + d1/β + d22 + ... + dt-1(t-1)). The Unit Roundoff (u) is defined as εmachine/2, where fl(1 + ε) > 1.

Rounding to Nearest

When rounding to the nearest representable number, fl(x) = x(1 + ε) where |ε|.

IEEE 754 Standard for Floating Point

Normalized Numbers

If the exponent (e) is not equal to 0, it's a normalized FP number. The value is x = (-1)sign ⋅ β(e - offset) ⋅ (1.d1 d2...dt-1).

Denormalized Numbers

If the exponent (e) is 0, the number is denormalized. The value is x = (-1)sign ⋅ β(e - offset + 1) ⋅ (0.d1 d2...dt-1). The sticky bit 0 is free because it is always determined by the value of exponent e.

Exceptional Values

  • If
... Continue reading "Numerical Computing & Linear Algebra Essentials" »

Map Symbols, Scale, and Distance/Direction

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Map Generalization

Types of Symbols

  • Line Symbols: Represent real-life objects with a linear path.
  • Point Symbols: Represent objects occurring at a single point on Earth's surface using a dot.
  • Area (Polygon) Symbols: Represent real-life objects spread over Earth's surface using geometric shapes.

Generalization Techniques

Reality contains too much information for a single 2D map. Generalized geometry and content make a map useful. A good map suppresses less important information to highlight what needs to be seen.

  • Selection: Only relevant line, point, and area features are chosen.
  • Classification: Grouping similar features and using a common symbol to represent them.
  • Simplification: Reduction of unnecessary detail.
  • Smoothing: Smoothing out abruptly joined
... Continue reading "Map Symbols, Scale, and Distance/Direction" »

SAP Finance & Treasury: Key Concepts and Processes

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Key Concepts in SAP Finance & Treasury Management

500

  • Standard Customizing Setting

Actuals Dimension

  • Only 1

Affiliated Group

  • Used for emphasis

AIF (Application Interface Framework)

  • Relevant for business users

Analytics Cloud

  • Publishing capabilities
  • Data: Information, Insight, Action, Value framework
  • Fund spreading capabilities
  • Fund allocation

Analyzer Offers

  • Integration with Market Risk Analyzer

Assign External

  • Utilizes interpretation algorithms

Automatic Payment

  • Process includes entering payment parameters, running payment proposals, creating payment media, and generating accounting entries.
  • Specifying payment request clearing accounts by company code.

Balance Sheet

  • Balance sheet reporting

Bank Account

  • Supports non-sequential approval patterns

Bank Communication

  • Facilitates
... Continue reading "SAP Finance & Treasury: Key Concepts and Processes" »

Firm Strategy & Market Dynamics: Problem Set Insights

Posted by Anonymous and classified in Mathematics

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This step-by-step analysis covers Problem Sets 6-9, emphasizing key concepts from Problem Sets 7 and 8, essential for your final exam.


Problem Set 6: Product Differentiation & Merger Impacts

1. Why Bertrand Does Not Equal Marginal Cost in Reality

  • Firms may experience:

    • Capacity constraints

    • Brand loyalty (differentiated products)

    • Reputational concerns or switching costs

2. Bertrand Competition with Differentiated Products

  • Demand:

    • Q_M = 1000 - 200P_M + 100P_B

    • Q_B = 1000 - 200P_B + 100P_M

  • Steps:

    1. Plug in rival's price to derive inverse demand.

    2. Derive Marginal Revenue (MR); set MR = Marginal Cost (MC) = 4.

    3. Solve for the best response price.

    4. Set both best responses equal to solve for the Nash Equilibrium (NE).

    5. Calculate quantity, profit, and price-cost margin.

... Continue reading "Firm Strategy & Market Dynamics: Problem Set Insights" »

Cost Accounting Essentials: Key Concepts and Calculations

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Chapter 2: Predetermined Overhead Rate

Predetermined Overhead Rate = Estimated Total Manufacturing Overhead (MOH) / Estimated Total MOH Driver (e.g., Direct Labor hours, Direct Labor costs, Machine Hours)

Prime Cost = Direct Materials + Direct Manufacturing Labor

Conversion Cost = Direct Manufacturing Labor + Indirect Manufacturing Overhead

Cost Accumulation: Data is collected in an organized way (also known as cost pools).

Cost Assignment: Systematically links an actual cost pool to a distinct cost object (e.g., Tires, engine, labor assigned to car cost).

Activity Base: Examples include kilometers driven in a car, units produced, units sold, machine hours.

Product Cost: Costs tied to creating a product (Direct Materials, Direct Labor, Manufacturing... Continue reading "Cost Accounting Essentials: Key Concepts and Calculations" »

Machine Learning Model Performance: Boosting, Evaluation, and Validation

Posted by Anonymous and classified in Mathematics

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Supervised vs Unsupervised learning


AdaBoost: Adaptive Boosting Algorithm Explained

AdaBoost (Adaptive Boosting) is a classic and widely used boosting algorithm that focuses on correcting the errors of preceding weak learners (typically decision trees). It works by iteratively adjusting the weights of the training data points.

How AdaBoost Works

  1. Initial Weights: AdaBoost starts by assigning equal weights to all the training data points.
  2. Train a Weak Learner: A "weak" learner (a model that performs slightly better than random chance, like a decision stump) is trained on the dataset using the current weights.
  3. Calculate Error and Performance: The error rate of the weak learner is calculated based on the instances it misclassified. A measure of the weak learner's performance (often called
... Continue reading "Machine Learning Model Performance: Boosting, Evaluation, and Validation" »

Mastering Two-Step Algebraic Equations

Posted by lukasdragon and classified in Mathematics

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1. Understand the Problem

The first step to solving a two-step algebraic equation is to clearly write down the problem. This helps you visualize the solution process. For our example, we will work with the equation: -4x + 7 = 15.

2. Isolate the Variable Term Using Addition or Subtraction

The next step is to isolate the variable term (e.g., "-4x") on one side of the equation and the constants (whole numbers) on the other. To achieve this, you'll use the Additive Inverse. Find the opposite of the constant term on the same side as the variable. In our example, the constant is +7, so its additive inverse is -7.

Subtract 7 from both sides of the equation to cancel out the "+7" on the variable's side. Write "-7" below the 7 on the left side and below... Continue reading "Mastering Two-Step Algebraic Equations" »

Understanding Financial Formulas and Calculations

Classified in Mathematics

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Tutorial 1

If you get a positive value times a number,

You need to shift the decimal to the right as many times as the number specified.

If negative, move it to the right.

Simple interest formula = S = FV = P(1 + iK)

Compound interest formula = Sk = P(1 + i)^k

Sn = P(1 + I/T)^n
where I is interest
T is frequency of compounding per year
K is the number of years
N is the total number of periods - K T or TK

Depreciation Formula = Vo or P = Initial value,
Vk = P(1 - d)^k

Tutorial 2

1. 5 years 1 + r = (FV/PV)^(1/5)
(i) r = 10.38%
(ii) r = 10.47%
(iii) r = 10.51%
(iv) r = 10.52%
(v) r = 10.52%
2. 1 + r = (1 + 0.06/12)^8 ∙ (1 + 0.072/12)^4
1 + r = (1.005)^8 ∙ (1.006)^4
1 + r = (1.0407) ∙ (1.0242) = 1.06591
r = 6.59%

For an initial outlay of $1000, the net return is

... Continue reading "Understanding Financial Formulas and Calculations" »

Matrices: multiplication, rank, determinant, inverse and Rouche-Frobenius theorem

Classified in Mathematics

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System Types
The systems of equations can be
classified by the number of solutions that can arise. According to that case may have the following cases:
· Incompatible system if it has no solution.
· Compatible system if you have any solution in this case can also distinguish between:
or compatible system determined when it has a finite number of solutions.
indeterminate
or compatible system when it admits an infinite set of solutions.
Fitting and classification:
Image
Calculating the rank of a matrix for determining
Image
1. We can rule a line if:.
· All the coefficients are zeros.
· There are two equal lines.
A line is proportional to another.
A line is a linear combination of others.
Delete the third column because it is a linear... Continue reading "Matrices: multiplication, rank, determinant, inverse and Rouche-Frobenius theorem" »