MTH302 Short Notes for Final Term and Mid Term

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MTH302 Short Notes for Final Term and Mid Term. Are you a student of MTH302 and struggling to prepare for your mid-term and final exams? Don’t worry; we’ve got you covered. In this article, we will provide you with short notes for MTH302, which will help you prepare for your exams effectively.

Introduction to MTH302

MTH302 is a course on Business Mathematics and Statistics offered by Virtual University of Pakistan. It covers a range of topics related to business mathematics, including linear equations, matrices, differential calculus, probability, and statistics. This course is essential for students pursuing a degree in business, finance, economics, or any other related field.

Importance of Short Notes

Short notes are an excellent tool for exam preparation. They help students to revise important concepts quickly and efficiently. Short notes are easy to read, comprehend, and remember. They provide students with a concise overview of the entire course, making it easier for them to recall important concepts during exams.

Topics Covered in MTH302

The following are the topics covered in MTH302:

Mid-term Topics

  • Introduction to Business Mathematics and Statistics
  • Sets, Functions, and Relations
  • Linear Equations
  • Matrices and Determinants
  • Quadratic Equations
  • Partial Fractions
  • Trigonometric Functions
  • Analytic Geometry

Final Term Topics

  • Differential Calculus
  • Maxima and Minima
  • Integration
  • Probability
  • Probability Distributions
  • Sampling Distributions
  • Estimation
  • Hypothesis Testing
  • Regression and Correlation

MTH302 Short Notes

Mid-term Short Notes

Sets, Functions, and Relations

  • Sets: A set is a collection of objects.
  • Functions: A function is a relation between two sets that assigns each element of the first set to a unique element of the second set.
  • Relations: A relation is a set of ordered pairs.

Linear Equations

  • Linear equations are equations of the form ax + by = c, where a, b, and c are constants and x and y are variables.
  • There are three methods to solve linear equations: elimination method, substitution method, and graphical method.

Matrices and Determinants

  • A matrix is a rectangular array of numbers.
  • A determinant is a scalar value that can be calculated from a square matrix.

Quadratic Equations

  • Quadratic equations are equations of the form ax^2 + bx + c = 0, where a, b, and c are constants and x is a variable.
  • There are two methods to solve quadratic equations: factorization method and quadratic formula method.

Partial Fractions

  • Partial fractions are used to simplify and integrate rational functions.

Trigonometric Functions

  • Trigonometric functions are functions of an angle, used to describe relationships between the angles and sides of a right triangle.

Analytic Geometry

  • Analytic geometry is the study of geometry using the principles of algebra.

Final-term Short Notes

Differential Calculus

  • Differential calculus is a branch of calculus that deals with the study of rates of change and slopes of curves.

Maxima and Minima

  • Maxima and minima are points on a curve where the function reaches its highest or lowest value.


  • Integration is the process of finding the integral of a function.


  • Probability is the study of random events.

Probability Distributions

  • A probability distribution is a function that describes the likelihood of obtaining the possible values of a random variable.

Sampling Distributions

  • A sampling distribution is a probability distribution that describes the likelihood of obtaining a sample from a population.


  • Estimation is the process of using sample.

Hypothesis Testing

  • Hypothesis testing is a statistical tool used to test the validity of assumptions or hypotheses about a population.

Regression and Correlation

  • Regression and correlation are statistical techniques used to study the relationship between two or more variables.

Tips for Exam Preparation

Preparing for exams can be stressful, but with the right approach, you can make the process easier and less daunting. Here are some tips for exam preparation:

  1. Create a study schedule: Make a study plan and allocate enough time for each topic.
  2. Revise regularly: Revise the material frequently to avoid last-minute cramming.
  3. Practice past papers: Practice past papers to get an idea of the exam format and the type of questions that might be asked.
  4. Seek help: If you are struggling with a particular topic, don’t hesitate to seek help from your teacher or a tutor.
  5. Stay healthy: Make sure to get enough sleep, exercise regularly, and eat healthy to keep your mind and body in good shape.


In conclusion, MTH302 is a crucial course for students pursuing a degree in business or related fields. Short notes can be an effective tool for exam preparation as they provide a concise overview of the entire course. The topics covered in MTH302 are diverse and range from linear equations to regression and correlation. To prepare for the exams, students should create a study schedule, revise regularly, practice past papers, seek help when needed, and take care of their health.


  1. Are these short notes comprehensive enough to pass the exams?
  • These short notes provide a concise overview of the course and are an excellent tool for revision. However, we recommend supplementing them with additional study material.
  1. Can I rely solely on these short notes for exam preparation?
  • While these short notes cover the essential topics, we recommend using them as a supplement to your regular study material.
  1. How can I improve my understanding of the concepts covered in MTH302?
  • Practice is key to understanding the concepts covered in MTH302. Try to solve as many problems as you can, and seek help if you’re struggling with a particular topic.
  1. Can I get a tutor for MTH302?
  • Yes, you can get a tutor for MTH302. Many tutoring services offer online tutoring, making it convenient for students to get help from anywhere.
  1. What is the best way to prepare for the exams?
  • The best way to prepare for the exams is to create a study schedule, revise regularly, practice past papers, seek help when needed, and take care of your health.

MTH302 Short Notes for Final Term and Mid Term

  • MTH302 Short Notes Mid-Term LEC 1 to 22 PDF – DOWNLOAD
  • MTH302 Short Notes Final Term LEC 23 to 45 PDF – DOWNLOAD

See Also below past papers: