A nonparametric method is a mathematical approach to statistical inference that ignores the underlying assumptions about the form of the observed probability distribution. ANOVA, Pearson’s correlation, t-test, and other well-known statistical methods offer reliable information about the dat.....

### Business Mathematic

### Stochastic Process

A stochastic or random process, a process involving the action of chance in the theory of probability. It is a mathematical entity that is typically known as a random variable family. Time series can be used to describe several stochastic processes. Notwithstanding, a stochastic process is common.....

### Dynamic Network

Dynamic network analysis is surely an emergent scientific field that includes traditional social network analysis, link investigation, social simulation along with multi-agent systems within network science along with network theory. You can find two aspects in this field. The first is the statis.....

### Discuss on Law of Sines

Broad objective of this article is toÂ Discuss on Law of Sines. Here explainÂ Law of Sines with examples. You can use the Law of Cosines discussed within the last section to solve standard triangles, but only within certain conditions. The formulas which is to be developed in this part provide mo.....

### Define and Discuss on Angles

Principle objective of this article is toÂ Define and Discuss on Angles. An angle is usually a measure of rotation. Angles are measured in degrees. One complete rotation is actually measured as 360Â°. Angle measure could be positive or negative, based on the direction of rotation. The angle measu.....

### Analysis Functions of Acute Angles

### Role of Business Mathematics

Introduction: The role of mathematics in Business decisions has very important in the process of managerial decision models and algorithms. To turn to the specific aspects of the quantitative decision making process, it is possible to recognize three distinct phases in every decision situation. F.....

### Applications of Mathematics in Business

Introduction Mathematicians, economists, statisticians and others have applied their skills to manage problems for many years. The first concerted and dramatically successful effort in their areas occurred during World War II when specialists were formed into operations analysis groups to assist .....

### Report on Performance Evaluation of First Security Bank Limited from Different Point of View

Retained Earnings: Retained earnings were placed at Tk. 106.14 million for the year 2004 as against Tk. 44.18 million in the previous year 2003. A year wise graphical prese ntation of the same is provided on next page: Year 2001 2002 2003 2004 Retained Earnings Tk. 8.88 million Tk. 11.63 million .....

### Lecture on Business Mathematics Equations

An equation ofÂ the type ax+by+c = 0 is a linear equation. It shows relation between two algebraic expressions with theÂ sign of equality (=) An equation holds true for particular value or values of the variable/ variables.Â To find the value of a single variable, only one equation isÂ needed.Â.....

### Lecture on Annuity

Suppose, we want to make payment of Tk.5000 each year for 10 years to an account which earns 6 percent interest, compounded annually, and we want to calculate the total amount which will be in the account after 10 payments. This series of periodic payments is called an annuity. The Annuity Calcul.....

### Lecture on Basic Mathematics for Decision Making

Economics growth rate is calculated on the basis of rate of growth, compounded annually i.e. the growth of one year will be the part of the basis for the following yearâ€™s growth. The typical pattern of the growth of an expanding economy will be an exponential function of time. Basic Mathematics.....