Project Management · Level 6 · 8 Chapters
Compiled by: Joan Cherono
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Costing, interest, averages and probability all appear in Basic Mathematics And Statistics for Project Management Level 6. Start with discounts, commissions, simple and compound interest, profit margin and hire purchase price. Linear, quadratic and simultaneous equations lead to break-even analysis and revenue, cost and profit equations. Then 2 by 2 matrices, sampling, data presentation, central tendency, dispersion and skewness. The last topics are sets and Venn diagrams, probability with Bayes' theorem, and index numbers.
The math and statistics tools you master in this unit are the backbone of everyday decision-making in many Kenyan workplaces. Whether you join a company or start your own service, these skills let you turn numbers into profit, efficiency and confidence.
Mastering these calculations turns everyday numbers into opportunities - your next paycheck, your own business, or the success of the organisation you support. Keep practicing, and you’ll see how every equation you solve builds a stronger, more profitable future for you and Kenya.