Mathematical Reasoning for Decision Making | MR
PrintMathematical Reasoning for Decision Making is an applied fourth-year course spanning Algebra, Data Analysis and Statistics, Geometry and Measurement, and Financial Mathematics. Linear programming, normal distributions and confidence intervals, geometric measurement precision, and personal financial decision-making are the defining topics. The course is designed for students who need quantitative reasoning skills for non-calculus pathways.
Example Problems
A restaurant chain wants to make a one-sample z interval to estimate the proportion of customers who are satisfied with a new menu item. They want the margin of error to be no more than at confidence.
What is the smallest sample size required to obtain the desired margin of error?
What is the smallest sample size required to obtain the desired margin of error?
I have a cockroach problem in my living room.
Don't ask how, but I counted 64 cockroaches today, and they are growing at a rate of 25% every day.
How many cockroaches will I have after three days?
Don't ask how, but I counted 64 cockroaches today, and they are growing at a rate of 25% every day.
How many cockroaches will I have after three days?
A running club recorded a sample of 4 training runs. Here are the distances (in miles):
The mean of these distances is .
What is the standard deviation, ?
Round your answer to two decimal places.
The mean of these distances is .
What is the standard deviation, ?
Round your answer to two decimal places.
A fair coin is flipped 5 times. Let be the number of heads. What is the expected value of ?
In a game you roll a fair six-sided die. You receive (3 times the number showing) dollars minus 5 dollars. What is the expected payout?

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