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Algebra of Matrices

Addition and Subtraction of Matrices

Any two matrices can be added if they are of the same order and the resulting matrix is of the same order. If two matrices A and B are of the same order, they are said to be conformable for addition.

For example:

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com


 

Note: 

  • Only matrices of the same order can be added or subtracted.

  • Addition of matrices is commutative as well as associative.

  • Cancellation laws hold well in case of addition.

  • The equation A + X = 0 has a unique solution in the set of all m × n matrices.


Scalar Multiplication

The matrix obtained by multiplying every element of a matrix A by a scalar λ is called the multiple of A by λ and its denoted by λ A i.e. if A = [aij] then λA = [λaij].

For example:

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com


 

Note: All the laws of ordinary algebra hold for the addition or subtraction of matrices and their multiplication by scalar.


Multiplication of Matrices

Two matrices can be multiplied only when the number of columns in the first, called the prefactor, is equal to the number of rows in the second, called the postfactor. Such matrices are said to be conformable for multiplication.

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com

where cij = ai1 b1j + ai2 b2j +...+ ain bnj= ∑nk=1  aik bki sym i = 1, 2, 3 ......, m and
j = 1, 2, 3 ......, p.


 

Properties of Multiplication

  • Matrix multiplication may or may not be commutative. i.e., AB may or may not be equal to BA
    • If AB = BA, then matrices A and B are called Commutative Matrices.
    • If AB = BA, then matrices A and B are called Anti-Commutative Matrices.
  • Matrix multiplication is Associative
  • Matrix multiplication is Distributive over Matrix Addition.
  • Cancellation Laws not necessary hold in case of matrix multiplication i.e., if AB = AC => B = C even if A ≠ 0.
  • AB = 0 i.e., Null Matrix, does not necessarily imply that either A or B is a null matrix.

 Illustration:
 

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com   show that AB ≠ BA.

Solution: 

   Here A.B =  Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com

  and B.A =    Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com


 


 

Thus A.B ≠ B.A.

Illustration:   

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com

Solution:   

  We have

Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com

 

The document Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com is a part of the B Com Course Business Mathematics and Statistics.
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FAQs on Algebra of Matrices - Matrices and Determinants, Business Mathematics & Statistics - Business Mathematics and Statistics - B Com

1. What is the purpose of studying matrices and determinants in business mathematics and statistics?
Ans. Matrices and determinants are mathematical tools that are widely used in business mathematics and statistics. They help in solving systems of linear equations, finding solutions to optimization problems, analyzing data sets, and making predictions. Understanding matrices and determinants is crucial for professionals in fields such as finance, economics, operations research, and data analysis.
2. How are matrices used in business decision-making?
Ans. Matrices are used in business decision-making to represent and analyze complex relationships between different variables. For example, matrices can be used to model supply and demand equations, calculate profit and loss in different scenarios, or evaluate the performance of different investment portfolios. By manipulating matrices, business professionals can make informed decisions and optimize their strategies.
3. Can determinants be used to determine if a matrix has an inverse?
Ans. Yes, determinants can be used to determine if a matrix has an inverse. In particular, a square matrix has an inverse if and only if its determinant is non-zero. If the determinant is zero, the matrix is said to be singular and does not have an inverse. This property is important in various applications, such as solving systems of linear equations or finding the inverse of a matrix to perform operations like matrix multiplication.
4. How can matrix operations be applied to statistical analysis in business?
Ans. Matrix operations play a crucial role in statistical analysis in business. For example, matrices can be used to store and manipulate data sets, perform calculations such as mean, variance, and covariance, and conduct regression analysis to model relationships between variables. Additionally, matrix operations can be used in techniques like principal component analysis, factor analysis, and cluster analysis, which are commonly used in business data analysis and decision-making.
5. Are there any limitations or challenges in using matrices and determinants in business mathematics and statistics?
Ans. While matrices and determinants are powerful tools, there are some limitations and challenges in their application. One limitation is that matrix operations can become computationally intensive and time-consuming for large data sets. Additionally, the interpretation of results obtained through matrix operations may require additional statistical knowledge and expertise. Moreover, the assumptions underlying the use of matrices and determinants, such as linearity and independence, may not always hold in real-world business scenarios. Therefore, it is important to carefully consider the context and limitations when applying matrices and determinants in business mathematics and statistics.
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