This unit is a preparatory unit designed to build academic language, literacy and numeracy skills in students using vocational delivery and assessment methods. This unit covers the mathematical and statistical techniques necessary to describe and analyse data for the purpose of forecasting and managerial decision making in English.
The unit will cover applications of mathematics and statistics. The mathematics component consists of business applications of percentages, depreciation methods and calculations and break-even analysis with business related problems. The statistics component consists of both descriptive and inferential statistics. It includes the collection, presentation and analysis of data, probability, forecasting, indices and hypothesis testing.