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General Mathematics

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Session AAvailable

Topic 3: Statistical models

Examined topic.

Bivariate Statistics

  • Scatter plots and association
  • Correlation coefficients
  • The effect of outliers
  • Causality
  • Linear Regression
  • Residual plots
  • Exponential regression
  • Interpolation and extrapolation

Normal Distribution

  • What is a normal distribution
  • Why are normal distributions important
  • 68:95:99.7% Rule
  • Calculation of area under the curve
  • Calculation of non-standard proportions

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Session BAvailable

Topic 4: Financial models: Models for borrowing

Examined topic.

Models for borrowing

  • Present Value Annuities
  • Reducing Balance Loans
  • Reduction of Interest Paid
  • Offset accounts
  • Sinking Funds
  • Comparison Rates

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Session CAvailable

Topic 4: Financial models: Models for saving

Models for saving

  • Future Value Annuities
  • Superannuation
  • Effective rates

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Session DAvailable

Topic 5 Discrete models

Critical Path Analysis

  • Precedence tables
  • Drawing directed networks
  • Dummy links
  • Forward and backward scan
  • Minimum completion time
  • Critical path
  • Slack time

Assignment problems

  • What are assignment problems?
  • The Hungarian Algorithm
  • Minimum cost
  • Maximum profit
  • Non-square arrays

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