Go BackBasics of Business Math: Reports

Synopsis
Basics of Business Math: Reports provides instruction in evaluating and analyzing basic statistics and graphs used in business reports.

Audience
This course is for anyone who uses business reports which contain statistics or graphs.

Time
2 - 4 hours

Product Code: MTH106
After completing this course, the student should be able to:
 
Define mean, median and mode
Calculate a simple average
Determine the type of average that best represents the measure of central tendency
Distinguish between a simple average and a weighted average
Calculate a weighted average
Identify various types of graphs and charts
Read and interpret graphs
Select appropriate graphs
Basic Statistics
Presents the use of averages and weighted averages when evaluating data.
 
Using Averages
Definition of mean, median and mode.  Calculation of a simple average.
Using Weighted Averages
Definition of weighted average.  Calculation of a weighted average.
Reviewing Averages
Evaluation of data using averages and weighted averages.


Graphs and Charts
Covers how to read and interpret the information presented in graphs and charts.
 
Identifying Graphs
Parts of a graph.  Various types of graphs.
Reading Graphs
Graphs with different scales.  Interpretation of data on a graph.
Selecting Graphs
Selection of appropriate graph for the purpose and the audience.  Selection of the graph scale which allows the data to be interpreted at a glance.

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