ATD 007: Business Mathematics And Statistics

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About Course

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GENERAL OBJECTIVE

This unit covers the competencies required to record and manage business operations using mathematics. Competencies include: formulating and structuring relationships using algebraic expressions, determining cost and revenue using calculus, applying the concepts of commercial mathematics to compute cost and revenue, presenting statistical data using appropriate techniques, applying probability to anticipate potential business outcomes and using index numbers to compare related variables over time.

 

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What Will You Learn?

  • Algebraic Expressions
  • Sequence, Series and Calculus
  • Compute costs and Revenue
  • Analyse and present data
  • Anticipate potential business outcomes
  • Use index numbers to compare related variables

Course Content

DESCRIBE RELATIONSHIPS USING ALGEBRAIC EXPRESSIONS

  • 58:10
  • Algebraic Expressions
    26:07
  • Matrices
    39:22
  • Logarithms
    23:46
  • Revision Questions and Answers.
    00:00

DETERMINE AMOUNTS USING SEQUENCE AND SERIES AND CALCULUS

APPLY THE CONCEPTS OF COMMERCIAL MATHEMATICS TO COMPUTE COSTS AND REVENUES

USE STATISTICS TO ANALYZE AND PRESENT DATA

APPLY PROBABILITY TO ANTICIPATE POTENTIAL BUSINESS OUTCOMES

USE INDEX NUMBERS TO COMPARE RELATED VARIABLES

REVISION QUESTIONS WITH ANSWERS

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