|Year of offer||2017|
|Subject level||Undergraduate Level 1|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This is the second of a sequence of two subjects (Foundation Mathematics for Commerce 1 and Foundation Mathematics for Commerce 2) providing both BA (Ext) and BSc (Ext) students with a foundation in mathematics that prepares students for a pathway into the Bachelor of Science or a pathway into the Bachelor of Commerce. The content consists of traditional VCE mathematical topics, with a particular emphasis on those topics needed for subsequent studies in the Bachelor of Science and Bachelor of Commerce degree. Applications, examples and problems will be taken from these disciplines.
On completion of the subject students should have:
- the ability to use basic integral calculus including antidifferentiation; and be able to find the area beneath a curve and between two curves, solve infinite limits, and perform integration to infinity;
- the ability to use basic techniques for transforming graphs (translation dilation and reflection);
- the ability to use basic statistics for different types of variables, including measures of location (median and mode) and spread (range, variance and standard deviation), and be able to present statistical data using charts and tables (using Excel);
- an understanding of the basic concepts in probability, including the addition and multiplication rules, and be able to use various methods for representing probabilities, conditional probability, and an introduction to counting methods (permutations and combinations);
- an understanding of the concept and uses of probability distributions, including discrete probability distributions (eg. the binomial), and continuous probability distributions (the normal). It also introduces of expected value and standard deviation as ways of interpreting real world situations and solving real world problems;
- well-developed communication and group work skills.