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  • Bizmath Lecture1

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    noor ain
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    This document provides an overview of a course in Business Mathematics and Statistics. The course aims to provide students with mathematical skills for personal and business financial decision making. It will focus on arithmetic, algebra, ratios, proportions, graphing, and their applications in areas like payroll, cost-volume-profit analysis, and merchandising. Students will also learn statistical methods like data representation, correlation, time series analysis, and probability distributions. Microsoft Excel skills are required. The course outcomes include applying math to business problems, using percentages and ratios to solve issues, dealing with discounts and markups, solving systems of equations, and applying statistics to decision making.

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    mth302

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    Bizmath.Lecture1

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    This document provides an overview of a course in Business Mathematics and Statistics. The course aims to provide students with mathematical skills for personal and business financial decision making. It will focus on arithmetic, algebra, ratios, proportions, graphing, and their applications in areas like payroll, cost-volume-profit analysis, and merchandising. Students will also learn statistical methods like data representation, correlation, time series analysis, and probability distributions. Microsoft Excel skills are required. The course outcomes include applying math to business problems, using percentages and ratios to solve issues, dealing with discounts and markups, solving systems of equations, and applying statistics to decision making.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    64 views15 pages

    Bizmath Lecture1

    Uploaded by

    noor ain
    This document provides an overview of a course in Business Mathematics and Statistics. The course aims to provide students with mathematical skills for personal and business financial decision making. It will focus on arithmetic, algebra, ratios, proportions, graphing, and their applications in areas like payroll, cost-volume-profit analysis, and merchandising. Students will also learn statistical methods like data representation, correlation, time series analysis, and probability distributions. Microsoft Excel skills are required. The course outcomes include applying math to business problems, using percentages and ratios to solve issues, dealing with discounts and markups, solving systems of equations, and applying statistics to decision making.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 15

    BUSINESS

    MATHEMATICS
    &
    STATISTICS
    LECTURE 1
    COURSE OVERVIEW
    Instructor

    Dr. Zahir Fikri


    Ph.D
    in
    Electric Power Systems
    Engineering
    Royal Institute of Technology,
    Stockholm, Sweden
    Objective
    to provide the student with a
    mathematical basis for
    personal decisions and
    business financial decisions
    Stresses
    business applications
    using
    arithmetic,
    algebra,
    ratio-proportion and
    graphing
    Applications
    include
    payroll,
    cost-volume-profit analysis
    and
    merchandising mathematics
    Also includes
    Statistical Representation of Data,
    Correlation,
    Time Series and Exponential Smoothing,
    Elementary Probability
    and
    Probability Distributions
    Stresses
    Logical reasoning
    and
    problem solving skills
    TOOLS
    Access to Microsoft Excel
    software required
    Course Outcomes
    1. Apply arithmetic and
    algebraic skills to
    everyday business
    problems
    Course Outcomes
    2. Use ratio, proportion
    and percent in the
    solution of business
    problems
    Course Outcomes
    3. Solve business
    problems involving
    commercial discount,
    markup and markdown
    Course Outcomes
    4. Solve systems of linear
    equations graphically and
    algebraically, and
    apply to cost- volume-profit
    analysis
    Course Outcomes
    5. Apply Statistical
    Representation of Data,
    Correlation, Time Series and
    Exponential Smoothing
    methods in business decision
    making
    BUSINESS
    MATHEMATICS
    &
    STATISTICS

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