Mathematics and Stastics

Variance Variance (σ2) in statistics is a measurement of the spread between numbers in a data set. That is, it measures how far each number in the set is from the mean and therefore from every other number in the set. In investing, the variance of the returns among assets in a portfolio is analyzed … Read more

 Contribution of aryabhatta in mathematics Number notation Numerical values He made a notation system in which digits are denoted with the help of alphabet numerals e.g., 1 = ka, 2 = Kha, etc. Aryabhatta assigned numerical values to the 33 consonants of the Indian alphabet to represent 1,2,3…25,30,40,50,60,70,80,90,100. Notation system  He invented a … Read more

 Average   What is Average? The result obtained by adding several quantities together and then dividing this total by the number of quantities is called Average. The main term of average is equal distribution of a value among all which may distribute persons or things. We obtain the average of a number using formula that … Read more

  HCF & LCM HCF & LCM are acronym for words, Highest common factor and Lowest common multiple respectively. 1. H. C. F While we all know what a multiplication is like 2 * 3 = 6. HCF is just the reverse of multiplication which is known as Factorization. Now factorization is breaking … Read more

 Data interpretation Data Interpretation or DI refers to the implementation of procedures through which data is reviewed for the purpose of arriving at an inference. Data can be obtained from multiple sources e.g. data from running of industries, census population data etc. Interpreting data requires analyzing data to infer information from it in … Read more

 Median Median is the middle number in a sorted list of numbers. To determine the median value in a sequence of numbers, the numbers must first be arranged in value order from lowest to highest. If there is an odd amount of numbers, the median value is the number that is in the … Read more

 Pie-chart A pie graph (or pie chart) is a specialized graph used in statistics. The independent variable is plotted around a circle in either a clockwise direction or a counterclockwise direction.The dependent variable (usually a percentage) is rendered as an arc whose measure is proportional to the magnitude of the quantity.Each arc is … Read more

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

 Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number … Read more

 MATHEMATICS AND QUATITUATIVE APTITUDE – SIMPLE INTEREST Introduction Money is not free and it costs to borrow the money. Normally, the borrower has to pay an extra amount in addition to the amount he had borrowed. i.e, to repay the loan, the borrower has to pay the sum borrowed and the interest. Lender … Read more