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What a difference between pspice and matlab?
PSpice is a program to simulate analog and digital logic circuits, where Matlab is a fully functional programming language designed to plot mathematical functions, implement various algorithms and solve complex mathematical problems.
What is importance of mathematics in accounting?
The importance of Mathematics in accounting is that different accounting activities require the use of Mathematical principles. Mathematics will therefore help accountants to effectively solve various accounting problems easily.
What is mathematical probablitiy?
Mathematical probability is a branch of mathematics that deals with the measurement and analysis of uncertainty or randomness in various events or outcomes. It involves using mathematical models and formulas to determine the likelihood or chance of particular events occurring, based on known information and assumptions about the situation. Probability is often expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.
What is the scope and limitation of operation research?
Costly : Operations Research (OR) is very costly. This is because OR makes mathematical models for taking decisions and solving problems. The company has to make various models for solving different problems. All this increments the cost.Not Realistic : OR experts make very complex models for solving problems. These models may not be realistic. Hence, they may not be useful for real-life situations.Complex : OR is very complex concept. It is very difficult for an average manager to understand it. Therefore, most managers do not use OR techniques.
What is the relation between set and real number?
A set can contain anything, or in some cases, nothing. Real numbers are an important and useful mathematical concept, and they are among the things that could be placed in various sets for various purposes.
