CWA ICWA - Foundation : Business Mathematics and Statistics Fundamentals

ICWAICWA ICWA (2008)FoundationSyllabus and Recommended Books • Business Mathematics and Statistics Fundamentals

ICWA :: Foundation
Paper 4 : Business Mathematics and Statistics Fundamentals
[One paper: Three Hours – 100 marks]

Objective . . .

To understand basic concepts in mathematics and statistics which are applied in the management science.

Average, mixtures
Ratios and proportions
Computation of interest
Discounting of bills
Real and imaginary number, rational and irrational number
Set theory and simple application of Venn diagram
Truth table and its applications
Indices and surds
Variation, Logarithms
Permutations and Combinations
Compound interest
Linear simultaneous equations ( 3 variables only)
Quadratic equations
Solution of linear inequalities ( by geometric method only)
Area and perimeter of triangles, circles, parallelogram, regular polygon
Volume and surface of cube, prism, cylinder, pyramid, cone, and spheres ( including zone and segments)
4.Co–ordinate Geometry10%
Plain co–ordinate Geometry ( Rectangular Cartesian co–ordinates only)
Length of line segments, Section ratio
Gradient of a line, equation of straight line, Circles, parabola, ellipse and hyperbola ( standard forms only)
Constant &Variables, Functions, Limit & Continuity
Differentiability & Differentiation, Derivatives and their use, Successive & partial differentiation
Maxima & Minima, Maxima & Minima under constraint using Lagrange transform
Indefinite Integrals: as primitives, integration by substitution, integration by part
Definite Integrals: Evaluation of standard integrals, as area under curve
Applications of Calculus
6.Statistical Methods35%
Data tabulation and presentation, frequency distribution
Measures of Central Tendency ( Mean, Median, mode)
Measurement of Dispersion ( range, mean deviation, standard deviation, variance)
Measures of Skewness & kurtosis

Recommended Books

Basic Mathematics & StatisticsB. M. AgarwalSultan Chand
Basic Mathematics & StatisticsN. K. NagKalyani Publishers
Statistical MethodsN. G. Das M.Das & Co.
Basic StatisticsGoon & GuptaWorld Press
Business Mathematics & StatisticsG. Srinivasa & D. George New Age International