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GED10 Lesson 7. Applications of Functions

Highlights 2
A. Give the

(Mathe geometric meaning.

A linear function, expressed as f(x) = mx + b, is

matics
represented in a graph through displaying two
points in a rectangular coordinate system and then
linking them with straight lines. On the other hand,
a quadratic function, which is represented as f(x) =

in the
2
ax + bx + c, has a graph that is a parabola sporting
an opening that can either be on an upward or a
downward direction.

Modern
World)
4TH QUARTER, SY2021-2022 GED 102 WEEK 6

B. Define exponential function

An exponential function is illustrated as f(x) = b x. The base is represented as b; in


this case its value should be greater than zero and not equal to one. Meanwhile, x
can have its place taken by any real number.

C. Define logarithmic function

A logarithmic function is the inverse of an exponential function. It is illustrated as


y=logbx, where the base b has to be greater and not equal to 1, and the y can be
any real number that is x = by.

Lesson 8. COMBINATORICS AND PROBABILITY

Highlights

A. What is Combinatorics?

Combinatorics is a branch of mathematics that deals with counting the possible


outcomes of a particular event. It prominently features discrete structures, which
are elements in a set organized into particular patterns.

B. State the Multiplication Rule of Counting


4TH QUARTER, SY2021-2022 GED 102 WEEK 6

Suppose that E is a multi-stage experiment of k number of stages, with S being its


sample space. With n1, n2, n3…,nk being the amount of possible methods to
k
complete each of the k phases, so the number of possible outcomes is n(S) = Π ∏ n
i=1

i = n1 x n2 x n3 x … x nk.

C. State the Addition Rule of Counting

Suppose that S1, S2, S3, … , Sm is a partition of sample space S of experiment E.


With n(Si) representing ni for I = 1,2,3,…,m., the number of possible outcomes is
m
thus n(S) =∑ ni = n1 + n2 + n3 + … + nm.
i=1

D. Describe the 2 approaches of defining probability.

The two approaches of defining probability include the theoretical and the empirical
approaches.

Theoretical probability, or classical probability, is used when there is no experiment


performed prior to ascertain probability. It is denoted as P(E)=n(E)/n(S) where n(E)
is the number of favorable outcomes and n(S) is the number of possible outcomes.

The empirical approach, in contrast, utilizes data collected from an experiment


conducted prior. It is denoted as P(E)=f/n where f instances of event E were made
after an experiment was performed n times.

Lesson 9. Financial Mathematics

Highlights

A. Explain the difference between simple and compound interest.

In the case of simple interest, the total amount of interest is calculated only on the
principal amount. On the other hand, compound interest has interest that is
calculated on not just the principal amount, but that of the previous interest
amount as well.

B. What is an annuity?

An annuity is a series of equal payments made over a specific duration at regular


intervals.
4TH QUARTER, SY2021-2022 GED 102 WEEK 6

C. What is Finance Charge? When is it applied?

A finance charge refers to any interest incurred by a consumer through purchasing


items with their credit card, which is calculated by multiplying their average daily
balance to the interest rate. This charge is applied when a consumer lets some of
their balance to carry over to the following month.

D. Give a precise and concise definition of the following:


1. Stocks

Stocks grant an investor a portion of a company's ownership. The company would


sell a portion of their stocks to add to its equity capital.

2. Bonds

Bonds represent a company’s debt to an investor. Said company would sell these to
the public in order to add to its debt capital.

3. Mutual Funds

A mutual fund is a type of company dedicated to acquiring stocks and bonds. The
collection of its mutual fund investments is referred to as fund portfolios.

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