Throughout this course, you have learned how to apply quantitative reasoning and problem-solving strategies to a variety of staged, but real-world contexts. You have built upon the skills you already had to advance the range of contexts to which you can apply mathematical thinking and problem-solving strategies effectively.
Your final project for this course will focus on real-world financial, statistical, and measurement-related contexts to assess your mastery of quantitative reasoning and problem solving in these areas. Specifically, you will be working your way through opportunities for employment, selecting the one that best fits your needs and wants, establishing a budget to manage your expenses, selecting the best options for managing debt, and planning for the future. You will then take the strategies you have learned in this course and apply them to your own problem, and walk your instructor through your process for solving the problem.
For your problem, you can choose anything such as deciding what credit card to get, determining how much and what type of insulation to purchase, or planning your garden, but you must run your selection by your instructor for approval.
Mastery of the skills and strategies covered in this course will help set the foundation for future coursework, future career opportunities, as well as problem solving and decision making in your personal life.
This assessment addresses the following course outcomes:
Analyze real-world scenarios for the key aspects that can inform the selection of quantitative problem-solving strategies
Determine appropriate problem-solving strategies for approaching solutions to various real-world problems
Solve real-world problems through application of appropriate mathematical calculations
Articulate logical interpretations of quantitative information for informing personal real-world decisions
Congratulations on graduating with your bachelor’s degree! A new array of opportunities is open to you, but which will you choose, and how will it impact your life? Select your discipline area of interest and examine the set of jobs you have applied to and received offer letters for to determine which one best fits your needs and wants. Once you have selected the opportunity you wish to pursue, discuss the impact your choice will have on your life, establish your budget, plan to pay down your debt, and then determine a decision or issue from your personal life you want to solve, and solve it.
If you are uncomfortable solving a problem from your own life, select one of the problems provided in the Selected Problem Examples document.
Refer to the following critical elements to complete your final project:
iii. Were you to have information about the salaries of various levels of employees in each company, what (mean, median, or mode) would you use to calculate your expected salary? Why?
Consider the following:
How do you know this will be the best for your life and finances?
III. Self-Selected Problem: Thus far you have shown your mastery of quantitative reasoning and problem solving using mathematical calculations as applied to financial contexts. For this section of your assessment, select a problem that you are currently facing that would benefit from mathematical or quantitative reasoning. If you are uncomfortable using a personal problem, select one from the Selected Problem Examples document. Explain the issue, the factors involved, and your plan for solving it, and explain the quantitative methodologies you used.