Numbers for Everyday Life

<p>You will develop your fundamental numerical skills, your understanding of percentages, decimals, fractions, and concepts like appreciation, depreciation, and rounding. Through problem-solving and reasoning exercises, you will accurately analyse everyday situations, identify issues, and develop logical connections to arrive at well-informed decisions.</p>

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By examining the fundamentals of statistics, you will grasp essential measures such as mean, median, and mode. This knowledge will empower you to interpret data, compare data sets, and understand standard deviation. Furthermore, financial skills will be a key focus, encompassing budgeting, managing income and expenditure, comprehending interest rates, and making informed decisions about savings and borrowing.</p>

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By applying these numerical and problem-solving skills to real-life situations, you will develop the ability to navigate challenges across various subject disciplines. You will be able to use numbers as evidence to tell a story. This module aims to equip you with a robust foundation for addressing practical challenges and making informed decisions by applying the principles of numbers, analysis, and application for everyday situations.</p>

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The activities in this module will provide an opportunity for you to build confidence in numeracy skills linking to everyday life situations. Personally, you will enhance your ability to manage finances and make informed decisions. Professionally, these skills will boost problem-solving capacities and analytical thinking. As an Active citizen, you will be equipped to engage in critical decision-making processes.

By the end of this module the student should be able to:

1. Apply numerical techniques to problem-solve real-life situations

1 Numerical Skills

You will establish your fundamental numerical skills which encompass understanding percentages, decimals, and fractions, appreciation and depreciation and rounding.

2 Problem Solving and Reasoning

Through Problem-solving and reasoning you will analyse everyday situations, identifying issues, developing solutions such as rearranging equations, and making logical connections to arrive at informed and effective decisions.

3 Fundamentals of Statistics

You will consider the fundamentals of statistics encompass measures like mean, median, and mode, aiding in data interpretation, comparing data sets and standard deviation.

4 Financial Skills

Understanding Financial skills involve budgeting, managing income and expenditure, understanding interest rates, and making informed decisions regarding savings and borrowing. This will enable you to apply numerical skills to real-life situations.