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MTH302 : Business Mathematics & Statistics

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Course Info

Course Category

Mathematics

Course Level

Undergraduate

Credit Hours

3

Pre-requisites

N/A

Instructor

Dr. Zahir Fikri
Ph.D, Electric Power Engineering
Kungliga Tekniska högskolan

Course Contents

Perform arithmetic operations. Simple and compound interest. Perform basic calculations of the percentages, averages, commission, brokerage and discount. Solve linear equations in one variable, Matrices, Mathematics of Merchandising, Break-even Analysis, Measures of central tendency. Measures of dispersion and skewness, Line fitting. Time series and Exponential smoothing. Permutations and Combinations. Elementary Probability, Chi-Square, Binomial Distribution, Normal Distributions, Estimating from Samples, Hypothesis testing: Chi-Square Distribution.