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The Lognormal Distribution If ln(X) is a normally distributed random variable, then X is said to be a lognormal variable. If P1, P2, P3, ... are the prices of a scrip in per
For the layman, a "function" indicates a relationship among objects. A function provides a model to describe a system. Economists refer to deman
Natural exponential function : There is a extremely important exponential function which arises naturally in several places. This function is called as the natural exponential fun
Q1: Find three positive numbers whose sum is 54 and whose product is as large as possible.
2+(+3)=
The light on a lighthouse blinks 45 times a minute. How long will it take the light to blink 405 times? Divide 405 by 45 to get 9 minutes.
Partial Derivatives Partial derivatives are used while we want to investigate the effect of one independent variable on dependent variable. For illustration, the revenues of a
"To grow your brand, you need to encourage your existing customers to buy your product a liitle more often. It is far more important to maximise the number of times your buyers buy
find dy/dx of cosx
Here we have considered the following points. 1. Mathematics is omnipresent, powerful and beautiful. 2. Mathematics is useful in all spheres of life. 3. Mathematics can al
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