MBA 501 Mod 2 Overview 012119
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Module 2: Overview Functions & Graphs
The mathematical relationship between an independent variable and one or more dependent variables can be fundamentally defined by a simple linear equation, y mx b. This simple mathematical model can also represent a term defined as a function, where a set of inputs (x) are transformed through a particular business process, and produce a given output (y). In a function, the set of inputs is referred to as the domain, and the set of outputs is referred to as the range. The given rule of the function is that each input produces a single output, but different inputs may produce the same output (Lial, Hungerford, & Holcomb, 2011). A function may or may not be continuous over all values of x and y. For instance, a cellular phone service plan may have...