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Business Mathematics and StatisticsLaajuus (3 cr)

Code: KC00CK11

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Enrollment

11.11.2024 - 15.01.2025

Timing

07.01.2025 - 23.02.2025

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • KONE23
    Bachelor of Engineering, Mechanical Engineering

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

11.11.2024 - 15.01.2025

Timing

07.01.2025 - 23.02.2025

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Leo Sippola
Student groups
  • AUTO23

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

22.04.2024 - 09.10.2024

Timing

21.10.2024 - 19.01.2025

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • MKONE23
    Bachelor of Engineering, Mechanical Engineering

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

The learning material is in the moodle

Teaching methods

Lectures and independent study

Student workload

Lectures 15 h and independent study 66 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

Exam

Enrollment

13.11.2023 - 15.01.2024

Timing

08.01.2024 - 25.02.2024

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • KONE22

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

13.11.2023 - 17.01.2024

Timing

08.01.2024 - 25.02.2024

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Pasi Mikkonen
Student groups
  • AUTO22

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

to be announced at the beginning of the course

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

17.04.2023 - 11.10.2023

Timing

23.10.2023 - 17.12.2023

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • MKONE22

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

The learning material is in the moodle

Teaching methods

Lectures and independent study

Student workload

Lectures 15 h and independent study 66 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

Exam

Enrollment

14.11.2022 - 15.01.2023

Timing

09.01.2023 - 26.02.2023

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Sari Rimpelä
Student groups
  • AUTO21

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

14.11.2022 - 15.01.2023

Timing

09.01.2023 - 26.02.2023

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • KONE21

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

16.04.2022 - 07.09.2022

Timing

03.10.2022 - 18.12.2022

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • MKONE21

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

The learning material is in the moodle

Teaching methods

Lectures and independent study

Student workload

Lectures 15 h and independent study 66 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

Exam

Enrollment

03.12.2021 - 23.01.2022

Timing

10.01.2022 - 27.02.2022

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • KONE20

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam

Enrollment

03.12.2021 - 23.01.2022

Timing

10.01.2022 - 27.02.2022

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Engineering, Mechanical Engineering
Teachers
  • Heikki Kokkonen
Student groups
  • AUTO20

Objective

Students are competent in basic percentage calculation. They know how to calculate simple and compound interests. Students apply various investment calculation. They know common statistical indicators and use them in the analysis of measurement results.

Content

Business mathematics
- Basic percentage calculations
- Simple and compound interest
- Methods of investiments
Statistics
- Statistical indicators
- Common statistical distributions
- Measurement errors and their management

Materials

material in the moodle

Teaching methods

lectures and exercises

Student workload

81 h
lectures and exercises 28 h
independent work 54 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Satisfactory (1-2): The student knows the basics of simple calculation of interest and compound interest. They are able to calculate indicators needed in statistical analysis from measuring data.

Assessment criteria, good (3)

Good (3-4): The student is able to use methods of calculation of interest to solve practical problems. They are able to use statistical analysis methods needed in the processing of measuring data.

Assessment criteria, excellent (5)

Excellent (5): The student masters calculation of interest well and is able to use investment calculation methods in investment profitability calculations. They are able to search for information about statistical analysis methods to solve practical problems of different types.

Assessment methods and criteria

exam