Basic Mathematics And Statistics

Procurement Management · Level 6  ·  8 Chapters

Where this takes you

Understanding Basic Mathematics and Statistics is a powerful skill that opens doors to numerous career paths across Kenya's vibrant economy. Whether you're working in formal sectors or the informal jua kali industry, these skills help you make informed financial decisions, manage resources efficiently, and contribute meaningfully to your workplace or business.

  • In the matatu industry, calculating commissions and discounts accurately ensures fair earnings for drivers and conductors, helping you manage daily cash flows and incentives.
  • At Kenya Tea Development Agency (KTDA) and other agribusinesses, mastering wages, profit margins, and depreciation helps in managing farm operations, equipment upkeep, and fair payment to workers.
  • Within construction sites and county works departments, applying linear and quadratic equations supports project planning, cost estimation, and resource allocation, ensuring timely and within-budget completion.
  • In the hospitality sector, calculating net pay, commissions, and interest is essential for payroll management and financial planning, whether you are an employee or running your own guesthouse or restaurant.
  • The jua kali sector benefits greatly when artisans and small business owners use these skills to price their products correctly, calculate profits, and manage loans with compound interest for growth.
  • Working with organizations like KenGen or other corporates, these skills enable you to handle depreciation of assets, compute salaries, and analyze financial data effectively, increasing your value as a professional.

Mastering these mathematical and statistical skills not only boosts your employability but also empowers you to run successful businesses, make wise financial choices, and build a secure future in Kenya’s dynamic economy. Your journey to becoming a confident, capable professional starts here!

Chapters

1
Work-out commercial mathematics
15 topics
✓ Notes Ready
2
Apply statistical equations
12 topics
✓ Notes Ready
3
Apply statistical matrices
10 topics
✓ Notes Ready
4
Carry out elementary statistics
20 topics
✓ Notes Ready
5
Carry out descriptive statistics
8 topics
✓ Notes Ready
6
Apply set theory
11 topics
✓ Notes Ready
7
Apply basic probability theory
11 topics
✓ Notes Ready
8
Use index numbers
7 topics
✓ Notes Ready

Revise this unit

Exam-style questions 112 Written to CDACC standard, with answers Test yourself 313 Multiple-choice, one at a time Practise questions 157 Quick recall — check you know the facts
3 more for this unit

Beyond the syllabus

Decision simulator 8 On site, what would you do? Workplace scenarios 120 Real site situations — what would you do? Turn this into income 84 Where this skill earns — what to charge, how to find clients