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A MATRIX is an ordered
rectangular array of numbers or
functions.
The numbers or functions are
called elements or the entries of
the matrix.
Example of a MATRIX
1 2 3
4 5 6
• A=
7 8 9
Column matrix A= 1
2
2*1
Row matrix A= 1 2 3
1* 3
Square matrix A= 0 4
6 3
2*2
Diagonal matrix A= 1 0 0
0 5 0
0 0 7
3*3
Scalar matrix A= 2 0 0
0 2 0
0 0 2
3*3
Identity matrix A= 1 0 0
0 1 0
0 0 1
3*3
Null matrix A= 0 0
2*2
0 0
Triangular matrix
(can be upper or lower
A = 1 2 3
triangular matrix.) 0 4 5
3*3
0 0 6
OPERATIONS ON MATRICES
3 4 7 8 10 12
Same is the procedure for Subtraction
of matrices.
Multiplication :
1) with scalar- e.g. A = 1 4
7 4
2*2
2A = 2 1 7 = 2 14
7 4 14 8
2*2 2*2
2)Matrix multiplication
Necessary condition for matrix multiplication:
1.Column of first matrix should be equal to the row
of second of matrix.
e.g.- 2 3 * 1 2
4 0 2*2 0 0 2*2
2*1+3*0 2*2+3*0
4*1+0*0 4*2+0*0
2 4
4 8
2*2
TRANSPOSE OF A MATRIX
• A matrix obtained by interchanging the
rows and columns of the original matrix. It
is denoted by A`.
E.g.- 1 2 ; A` = 1 3
A= 3 0 2 0
DETERMINANT OF A MATRIX
To every square matrix of associate a
number (real or complex) called
determinant of the matrix.
REMARKS:
It is denoted by modulus sign i.e. A .
Only square matrices have determinants.
e.g.-for a matrix of order two
A = 1 2 : A = 1*1 – 2*2
2 1 = 1 - 4 => -3
• e.g.- for a matrix more than two
1 2 4
A = -1 3 0
4 1 0
A = 4 -1 3 - 0 1 2 +0 1 2
4 1 4 1 -1 3
• Inverse of a matrix :
The inverse of an inverse matrix itself
The transpose of the inverse of a matrix is
equal to the inverse of the transpose.
The inverse of a matrix, if it exists, is unique.
-1
A = AdjA
A
INRODUCTION TO APPLICATION
OF MATRICES
Matrices are one of the most powerful tools in Maths.
The evolution of concept of matrices is the result of a n
attempt to obtain compact and simple methods of solving
system of linear equation. Matrix notation and operations
are used in ELECTRONIC SPREADSHEET, programs
for personal computer which in turn is used in different
areas of business and science like BUDGETING, SALES
PROJECTION, COST ESTIMATION etc. Also many
physical operations such as magnifications, rotations
and reflection through a plane can be represented
mathematically by matrices. This mathematical tool is
not only used in certain branches of sciences but also in
genetics, economics, sociology, modern psychology and
in industrial management.
APPLICATION TO MATRICES
• Two-commodity market equilibrium
x1p1+y1p2=z1 or x1 y1 p1 = z1
x2p1+y2p2=z2 x2 y2 p2 = z2
A= a1 b1 A=a1b2-a2b1
a2 b2
Also C= b2 - a2 A = 1 b 2 - b1
-b1 a1 a1b2-a2b1 -a2 a1
Further, p1 = 1 b2 -b1 z1
p2 a2b2- a2b1 -a2 -a1 z2
Thus equilibrium prices are p1=z1b1-z2b2
a1b2-a2b2
And p2=z2a1-z1a2
a1b2-a2b1
NATIONAL INCOME METHOD
Y=C+I
C=a+bY
1 -1 Y I
=
-b 1 C a
23 23
3rd investment = 28750
23
MARKOV BRAND-SWITCHING MODEL
P= 0.7 0.3
A
0.2 0.8
B
S(1) = [0.6 0.4] 0.7 0.3
0.2 0.8 = [0.5 0.5]
S(2) = S(1).P
S[ I – P ] = 0
[SA S B] 1 – 0.7 -0.3 0
- 0.2 1 – 0.8 = 0