Assam HS Class 11-12 Business Mathematics & Statistics study plan
Assam HS Class 11-12 Business Mathematics & Statistics · Give each week a clear focus.
8 weeks · About 7 hours per week
Mathematics of Finance: simple and compound interest, annuities, present and future value & Sequence and Series, including arithmetic and geometric progressions in finance
Derive the compound interest formula from first principles and compute maturity amounts for annual, half-yearly and quarterly compounding on at least 10 self-made business problems
Distinguish simple interest from compound interest numerically by tabulating both for the same principal over 1, 2, 5 and 10 years and stating where the gap becomes material
Solve for principal, rate, time and effective annual rate when the other three are given, including cases requiring logarithms
Build a formula sheet linking arithmetic progression (simple interest as linear growth) and geometric progression (compound interest as exponential growth) with the nth term and sum formulas for both
Your checkpoint
A one-page handwritten formula sheet plus 12 solved compound-interest problems with answers checked to the rupee
Mathematics of Finance: simple and compound interest, annuities, present and future value & Calculus and its business applications: limits, differentiation, maxima-minima, integration basics
Compute present value and future value of a single sum and of an annuity regular (immediate) using the standard annuity formulas, showing every substitution step
Construct sinking fund and loan-amortisation style problems where the periodic deposit or instalment is the unknown
Evaluate limits of rational and exponential-type functions by direct substitution, factorisation and simplification, including the standard limit leading to e
Differentiate polynomials, products, quotients and simple exponential and logarithmic functions, and interpret the derivative as marginal cost, marginal revenue and marginal propensity
Your checkpoint
A worked portfolio of 10 annuity present/future value problems and 10 differentiation problems, each with a one-line business interpretation of the answer
Calculus and its business applications: limits, differentiation, maxima-minima, integration basics
Find maxima and minima of cost, revenue and profit functions using first and second derivative tests, and verify each stationary point
Solve elasticity of demand and break-even style optimisation problems where the objective function must first be constructed from given data
Integrate standard algebraic and exponential forms and evaluate definite integrals between limits
Apply definite integration to compute total cost from marginal cost and consumer surplus from a demand function
Identify and correct common calculus slips such as forgetting the constant of integration and misapplying the quotient rule
Your checkpoint
A timed 90-minute mock test on calculus and finance worth 40 marks, self-marked, with an error log listing every mistake and its cause
Matrices and Determinants with business applications & Sets, Relations and Functions (business applications)
Perform matrix addition, scalar multiplication and multiplication of conformable matrices, and state clearly why matrix multiplication is not commutative
Compute 2x2 and 3x3 determinants by expansion along a row or column and find inverses of 2x2 matrices
Solve a system of two or three linear equations by Cramer's rule and by matrix inversion, and interpret the solution as a market equilibrium or input-mix problem
Express business word problems in set language, apply union, intersection and complement, and use Venn diagrams with two and three sets to count survey-type data
Distinguish relations from functions and test whether a given relation is a function, including domain and range in business contexts
Your checkpoint
A set of 8 fully solved business applications covering Cramer's rule, matrix inversion and three-set Venn counting, submitted as a single clean document
Introduction to Statistics: scope, data collection, classification and tabulation, presentation & Measures of Central Tendency and Dispersion
Classify raw data by variable type and construct a frequency distribution with appropriate class intervals, mid-values and cumulative frequencies
Draw and label a histogram, frequency polygon, ogive and pie chart from the same dataset and read specific values off each
Compute mean, median and mode for raw, discrete and grouped data, including the step-deviation shortcut for grouped mean
Compute range, quartile deviation, mean deviation, variance and standard deviation, and compare two datasets by coefficient of variation
Explain how the choice of average depends on the shape of the distribution and the presence of extreme values
Your checkpoint
A statistics practical file with one dataset carried through classification, tabulation, all three diagrams and all five dispersion measures, with a written conclusion on which average best represents the data
Correlation and Regression & Probability and its business applications
Construct a scatter diagram and compute Karl Pearson's coefficient of correlation for both raw and grouped data
Compute rank correlation for tied and untied ranks and interpret the sign and magnitude of each result
Derive the two regression lines from the means, standard deviations and correlation coefficient, and predict one variable from the other
State the classical and relative-frequency definitions of probability and apply the addition and multiplication theorems, including conditional probability
Solve business probability problems involving independent and mutually exclusive events, and compute expected value for a simple decision
Your checkpoint
A correlation and regression report on one real or simulated business dataset, including scatter plot, both regression equations, a prediction with a caveat on extrapolation, and 5 probability problems with expected-value conclusions
Time Series and Index Numbers & Permutations and Combinations
Decompose a time series into trend, seasonal, cyclical and irregular components and compute a moving-average trend for a given series
Fit a straight-line trend by least squares and by the semi-average method, then forecast two future periods
Compute Laspeyres, Paasche and Fisher index numbers and explain the upward bias of Laspeyres and the use of the chain index
Apply the fundamental counting principle and solve permutation problems with and without repetition and with restricted positions
Solve combination problems and distinguish clearly when order matters in business scenarios such as seating, selection of committees and arrangement of codes
Your checkpoint
A time series and index number worksheet with one full trend-fit forecast and 10 permutation and combination problems solved with reasoning stated
Mathematics of Finance: simple and compound interest, annuities, present and future value & Calculus and its business applications: limits, differentiation, maxima-minima, integration basics & Measures of Central Tendency and Dispersion
Re-solve one representative problem from each of the eleven domains under timed conditions without notes
Review the error logs from weeks 3 and 6 and redo every previously wrong question correctly
Memorise all formulas for finance, calculus, dispersion, correlation and index numbers by writing them from memory twice
Attempt two full-length mock papers of 3 hours each and mark them using the official-style marks distribution
Your checkpoint
Two completed mock papers with scores recorded, plus a final one-page revision sheet of formulas and personal weak points
Milestones
Week 2: Can compute present and future value of an annuity and differentiate a product or quotient correctly in under 5 minutes each, with no formula sheet
Week 4: Scores at least 30 of 40 on the week 3 calculus and finance mock and solves a 3x3 system by Cramer's rule without error
Week 6: Computes mean, standard deviation, correlation and both regression lines on a fresh dataset and gets results consistent with a scatter plot drawn by hand
Week 8: Scores at least 60 percent on both full-length mocks with every error logged and corrected