BCOC – 134: Business Mathematics and Statistics assignment

There is 3 section in the assignment

1 Section -A            50 marks

2 Section- B            30 marks

3 Section-C             20 marks

1. Those students who are appearing in June 2020 Term End Examination they have to submit latest by in 15 March 2020.

 2. Those students who are appearing in December 2020 exams. They should download the new assignment and submit the same latest by 15 October 2020. 

You have to submit the assignment of all the courses to the Coordinator of your Study Centre. 

BCOC-134

Q1 Ans.

                                                 Firm A.                             Firm B

                            Average.           4800.                                5100                 

 

 Number of employees                   100.                               200 

Total amount.                         4800x 100                       . 5100x200

           

                                               480000.                               1020000 

    The firm B pays large amount as wage.

1  (B)

 To compare the variance,

 we have to calculate coefficient of variation. 

Cv. .= standard deviations/ mean x 100 

S.d in firm a= 24 

S.d in firm b=. 23

 Mean in firm a= 4800 

Mean in firm b = 5100 

C.v. of firm a =. 24/ 48000x100 = 0.5 

C.v of firm b = 23/ 5100x100 =0,45 

The firm a has greater variability in the individual wages.

Q.9. Ans

Mathematics an algebraic expression is an expression built up from integer constant, variables and the algebraic operation and exponentiation by an exponent that is a rational number. 

Monomial -. An algebraic expression that contain only one term is called a monomial

Binomial -. An algebraic expression that contain two terms is called a binomial. 

Trinomial – an algebraic expression that contain three terms is called trinomial.

Quadrinomial -. An algebraic expression that contain four terms is called quadrinomial.

Multinomial – an algebraic expression that contain two or more terms is called multinomial.

Polynomial – an algebraic expression that contain one or more terms is called polynomial.

Q.10. Ans – 

Continuous compounding is the mathematical limit that compound interest can reach if it’s calculated and reinvested into an account balance over a theoretically infinite number of periods.

While this is not possible in practice , the concept of continuously compounded interest is important in finance . It is an extreme case of compounding , as most interest is compounded on a monthly, quarterly, or semiannually basis.

Formula

 Pv –  the present value of the investment 

I = the stated interest rate 

N= the number of compounding periods 

T= the time in years.

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