The role of this module is to develop skills that students will require elsewhere on the programme and in business. The module consists of the following:
Semester 1 is designed provide a solid mathematical foundation. It includes numeracy, algebra, exponents, linear equations, polynomial functions, differential calculus; slope, and maxima and minima, functions of more than one variable, exponential functions, and financial mathematics.
Semester 2 is an introduction to Statistics: Descriptive statistics and frequency distributions. Discrete probability distributions; Continuous distributions: the Normal and exponential distribution. Interval estimation. Simple hypothesis testing. Correlation and simple regression.
Also included is the use of relevant Excel functions and routines.
Learning Outcomes
By the end of the module students should be able to:
Calculate percentages and ratios;
Solve exponent problems in financial mathematics;
Differentiate functions and find maxima and minima;
Solve problems with linear equations and inequalities;
Calculate and comment upon summarising statistics and plot appropriate graphs and charts;
Use and interpret discrete and continuous probability distributions;
Apply the basic principles of hypothesis testing;
Carry out simple correlation and regression analysis.
Assessment
26362-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (60%)
26362-02 : Multiple Choice Test : Class Test (15%)
26362-03 : Excel Data Test : Class Test (25%)
Assessment Methods & Exceptions
Assessments: 2 hour exam (60%), Coursework (1) Multiple Choice test (15%), Coursework (2) Excel data summary task in semester 2 (25%)
Re-assessed by a 2 hour written exam (100%).
Other
Duplicate version of this module delivered in Dubai: 07 30474