## Description

**Finite Mathematics, Eleventh Edition**is a comprehensive, yet flexible, text for students majoring in business, economics, life science, or social sciences. The authors delve into greater mathematical depth than other texts, while motivating students through relevant, up-to-date applications drawn from students’ major fields of study. Every chapter includes a large quantity of exceptional exercises–a hallmark of this text–that address skills, applications, concepts, and technology. The

**Eleventh Edition**includes updated applications, exercises, and technology coverage. In addition, modern and relevant topics such as health statistics have been added. The authors have also added more study tools, including a prerequisite skills diagnostic test and a greatly improved end-of-chapter summary, and made content improvements based on user reviews.

## Table of Contents

Preface

**1. Linear Equations and Straight Lines**

1.1 Coordinate Systems and Graphs

1.2 Linear Inequalities

1.3 The Intersection Point of a Pair of Lines

1.4 The Slope of a Straight Line

1.5 The Method of Least Squares

Chapter Project: Break-Even Analysis

**2. Matrices**

Systems of Linear Equations with Unique Solutions

2.1 Systems of Linear Equations with Unique Solutions

2.2 General Systems of Linear Equations

2.3 Arithmetic Operations on Matrices

2.4 The Inverse of a Matrix

2.5 The Gauss-Jordan Method for Calculating Inverses

2.6 Input-Output Analysis

Chapter Project: Population Dynamics

**3. Linear Programming, A Geometric Approach**

3.1 A Linear Programming Application

3.2 The Fundamental Theorem of Linear Programming

3.3 Linear Programming

Chapter Project: Shadow Prices

**4. The Simplex Method**

4.1 Slack Variables and the Simplex Tableau

4.2 Maximum Problems

4.3 Minimum Problems

4.4 Sensitivity Analysis and Matrix Formulations of Linear Programming Problems

4.5 Duality

Chapter Project: Shadow Prices

**5. Sets and Counting**

5.1 Sets

5.2 A Fundamental Principle of Counting

5.3 Venn Diagrams and Counting

5.4 The Multiplication Principle

5.5 Permutations and Combinations

5.6 Further Counting Techniques

5.7 The Binomial Theorem

5.8 Multinomial Coefficients and Partitions

Chapter Project: Pascal's Triangle

**6. Probability**

6.1 Experiments, Outcomes, SampleSapces, and Events

6.2 Assignment of Probabilities

6.3 Calculating Probabilities of Events

6.4 Conditional Probability and Independence

6.5 Tree Diagrams

6.6 Bayes' Theorem, Natural Frequencies

6.7 Simulation

Chapter Project: Two Paradoxes

**7. Probability and Statistics**

7.1 Representation of Data

7.2 Frequency and Probability Distributions

7.3 Binomial Trials

7.4 The Mean

7.5 The Variance and Standard Deviation

7.6 The Normal Distribution

7.7 Normal Approximation to the Binomial Distribution

Chapter Project: An Unexpected Expected Value

**8. Markov Processes**

8.1 The Transition Matrix

8.2 Regular Stochastic Matrices

8.3 Absorbing Stochastic Matrices

Chapter Project: Doubly Stochastic Matrices

**9. The Theory of Games**

9.1 Games and Strategies

9.2 Mixed Strategies

9.3 Determining Optimal Mixed Strategies

Chapter Project: Simulating The Outcomes of Mixed-Strategy Games

**10. The Mathematics of Finance**

10.1 Interest

10.2 Annuities

10.3 Amortization of Loans

10.4 Personal Financial Decisions

Chapter Project: Two Items of Interest

**11. Difference Equations and Mathematical Models**

11.1 Introduction to Difference Equations

11.2 Difference Equations and Interest

11.3 Graphing Difference Equations

11.4 Mathematics of Personal Finance

11.5 Modeling with Difference Equations

Chapter Project: Connections to Markov Processes

**12. Logic**

12.1 Introduction to Logic

12.2 Truth Tables

12.3 Implication

12.4 Logical Implication and Equivalence

12.5 Valid Argument

12.6 Predicate Calculus

12.7 Logic Circuits

Chapter Project: A Logic Puzzle

**Appendix A. Areas Under the Standard Normal Curve**

**Appendix B. The TI-83/84 Plus Graphing Calculators**

**Appendix C. Spreadsheet Fundamentals**

**Appendix D. Wolfram Alpha**

Answers to Odd-Numbered Exercises

Index

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This item has been upgraded to Finite Mathematics & Its Applications, 12th Edition.