- Instructor: Prof.
Sung-Hyuk Cha
- Email: scha@pace.edu
- Tel: (212) 346-1253
- Office: 163 Williams, Rm. 228 at NYC
- Office Hours: M W 3:30pm ~ 4:30pm and T Th 10:00am ~ 11:30pm.
- CRN: 70396
- Meeting:
- Meeting Times: MW 4:35 pm - 6:00 pm
- Place: CIVIC W211
- Textbook:Finite Mathematics & Its Applications,
11th Edition, by
Goldstein, Schneider, and Siegel,
Pearson, 2014
- Course Description:
This course introduces both algebra and probability theory with emphasis of their applications to business and finance. Topics include solutions systems of linear equations, matrix algebra, finite probability, interpretations of probability, equally-likely outcomes, independent events, conditional probability, Bayes’ theorem, Frequency distributions, random variables, probability mass functions and cumulative distributions, binomial and normal distribution.
- Prerequisite: MAT 103, 103A, 103C or Placement.
- Tentative Schedule:
| Week | Monday | Wednesday |
|---|
| 1 | 9/9 Linear Equations (1.1~1.2) |
9/11 Linear Equations (1.3~1.4) |
| 2
| 9/16 Linear Equations (1.5) |
9/18 Systems of Linear eqns (2.1~2.2) |
| 3
| 9/23 Matrix Operations (2.3) |
9/25 Inverse Matrix (2.4) |
| 4
| 9/30 Gauss-Jordan Method (2.5) |
10/2 Sets (5.1~5.3) |
| 5
|
10/7 Basic counting (5.4~5.5) |
10/9 Counting (5.5~5.6) |
| 6
|
10/14 Binomial Theorem (5.7~5.8)
|
10/16
Exam I
|
| 7
|
10/21
Exam Review
|
10/23
Probability (6.1)
|
| 8
|
10/28
Probability (6.2~6.3)
|
10/30
Probability (6.4~6.5)
|
| 9
|
11/4
Probability (6.6~6.7)
|
11/6
Data representation (7.1~7.2)
|
| 10
|
11/11
Binomial trials and Mean(7.3~7.4)
|
11/13
Variance and Standard Deviation (7.5)
|
| 11
|
11/18
Normal distribution (7.6~7.7)
|
11/20
Exam II
|
| 12
| 11/26
Compound Interest (10.1)
Annuities (10.2)
|
11/27 Thanksgiving Break |
| 13
|
12/2
Amortization of Loans (10.3)
|
12/4
Financial decisions (10.4) |
| 14
|
12/9
Study Day
|
12/11 Study Day |
| 15
|
12/16 Final Exam |
12/18
|
- Evaluation:
- Attendance (10%):
- Homework (10%):
- Two Exams (40%):
- Final Exam (40%): comprehensive and need at least 50% to pass the course.
- Course Policies
|