# AD23: BUSINESS MATHEMATICS AND STATISTICS

#### Description

[visitor] **Price:** Ksh.1000 *You are not yet enrolled in this course.* [/visitor]

[student] * You are enrolled in this course* [/student]

**GENERAL OBJECTIVE**

This paper is intended to equip the candidate with the knowledge, skills and attitudes that will enable him/her to apply the principles of management in practice.

**LEARNING OUTCOMES **

A candidate who passes this paper should be able to:

Apply linear, quadratic and simultaneous equations to solve business problems

Solve business problems using matrix algebra

Solve business problems involving commercial mathematics

Present statistical data in form of tables, graphs and curves

Calculate measures of location, dispersion, skewness and kurtosis

Apply basic probability concepts

Compute simple, general and weighted index

#### Weekly Course Recap Zoom Session

#### What Will I Learn?

- Linear, quadratic and simultaneous equations to solve business problems
- Solution to business problems using matrix algebra
- Solution to business problems involving commercial mathematics
- Statistical data in form of tables, graphs and curves
- Measures of location, dispersion, skewness and kurtosis
- Probability concepts
- Simple, general and weighted index

#### Topics for this course

#### EQUATIONS

##### Linear equations; solving and graphs

##### Simultaneous equations; solving

##### Quadratic equations; solving and graphs

##### Basic calculus; simple differentiation and integration

##### Total revenue, total cost and profit equations

##### Break-even analysis

##### Application of errors; absolute/relative

#### SEQUENCES AND SERIES

#### MATRICES

#### COMMERCIAL MATHEMATICS

#### INTRODUCTION TO STATISTICS

#### PRESENTATION OF STATISTICAL DATA

#### DESCRIPTIVE STATISTICS

#### SET THEORY

#### BASIC PROBABILITY THEORY

#### INDEX NUMBERS

#### EMERGING ISSUES AND TRENDS

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