Finite Mathematics: Models and Applications

by Carla Morris and Robert M Stark

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Features step-by-step examples based on actual data and connects fundamental mathematical modeling skills and decision making concepts to everyday applicability

Featuring key linear programming, matrix, and probability concepts, Finite Mathematics: Models and Applications emphasizes cross-disciplinary applications that relate mathematics to everyday life. The book provides a unique combination of practical mathematical applications to illustrate the wide use of mathematics in fields ranging from business, economics, finance, management, operations research, and the life and social sciences.

In order to emphasize the main concepts of each chapter, Finite Mathematics: Models and Applications features plentiful pedagogical elements throughout such as special exercises, end notes, hints, select solutions, biographies of key mathematicians, boxed key principles, a glossary of important terms and topics, and an overview of use of technology. The book encourages the modeling of linear programs and their solutions and uses common computer software programs such as LINDO. In addition to extensive chapters on probability and statistics, principles and applications of matrices are included as well as topics for enrichment such as the Monte Carlo method, game theory, kinship matrices, and dynamic programming.

Supplemented with online instructional support materials, the book features coverage including:

Algebra SkillsMathematics of FinanceMatrix AlgebraGeometric SolutionsSimplex MethodsApplication ModelsSet and Probability RelationshipsRandom Variables and Probability DistributionsMarkov ChainsMathematical StatisticsEnrichment in Finite Mathematics An ideal textbook, Finite Mathematics: Models and Applications is intended for students in fields from entrepreneurial and economic to environmental and social science, including many in the arts and humanities.
  • ISBN10 1119015529
  • ISBN13 9781119015529
  • Publish Date 17 December 2015 (first published 17 April 2015)
  • Publish Status Out of Print
  • Out of Print 21 September 2021
  • Publish Country US
  • Imprint Wiley
  • Format eBook
  • Pages 512
  • Language English