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Business Mathematics and Statistics (3 cr)

Code: KC00CK11-3002

General information


Enrollment
03.12.2021 - 23.01.2022
Registration for the implementation has ended.
Timing
10.01.2022 - 27.02.2022
Implementation has ended.
Number of ECTS credits allocated
3 cr
Local portion
3 cr
Mode of delivery
Contact learning
Campus
SeAMK Seinäjoki, Frami
Teaching languages
Finnish
Degree programmes
Bachelor of Engineering, Mechanical Engineering
Teachers
Heikki Kokkonen
Course
KC00CK11

Evaluation scale

1-5

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

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.

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