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2.0 Describe the effects of economics on marketing decisions. 2.1 Explain how the scarcity of economic resources affects marketing decisions. 2M-P3 2M-P3 Apply curve fitting to make predictions from data. Apply curve fitting to make predictions from data. 2.2 Explain how supply and demand relate to price and production. 3.0 Describe economic growth and change. 3.2 Describe business economic cycles. 4.0 Describe international marketing activities. 4.4 Describe the monetary exchange process. 3M-P1 6M-P4 3M-P8 5M-P3 Model real-world phenomena (e.g., compound interest or the flight of a ball) using functions and relations (e.g., linear, quadratic, sine and cosine, and exponential). Make and test conjectures. Use the power of mathematical abstraction and algebraic symbolism to represent various situations. Develop and analyze algorithms. 6M-P2 Determine the validity of arguments. Page 2 of 2 August 1998
PO 2 2M-P1 Construct and draw inferences including measures of central tendency, from charts, tables, graphs and data plots that summarize data from real-world situations. PO 4 PO 5 PO 6 2M-P2 Use appropriate technology (e.g., graphing calculators, computer software) to display and analyze data. 5.0 Examine the role of marketing in making business decisions. 5.5 Conduct marketing research. 2M-P4 2M-P5 2M-P6 2M-P7 Explain the effects of sampling on statistical claims and recognize misuses of statistics. PO 4 PO 5 PO 6 Design and conduct a statistical experiment to study a problem and interpret and communicate the outcomes. PO 4 Use experimental or theoretical probability, as appropriate, to represent and solve problems involving uncertainty. PO 4 Use simulations to estimate probabilities. Page 3 of 3 August 1998
(Continued) (Continued) (5.5 Continued) (Continued) 3M-P1 Model real-world phenomena (e.g., compound interest or the flight of a ball) using functions and relations (e.g., linear, quadratic, sine and cosine, and exponential). 11.0 Describe factors influencing distribution decisions. 11.2 Examine distribution channels/transportation methods. 2M-P1 2M-P2 Construct and draw inferences including measures of central tendency, from charts, tables, graphs and data plots that summarize data from real-world situations. PO 1 Use appropriate technology (e.g., graphing calculators, computer software) to display and analyze data. Page 4 of 4 August 1998
13.0 Describe factors influencing buying and pricing decisions. 13.1 Describe the factors affecting price. 6M-P4 Make and test conjectures. 13.2 Calculate retail prices. 13.3 Determine quantity of product needed. 3M-P6 5M-P3 Perform mathematical operations on expressions and matrices, and solve equations and inequalities. PO 7 PO 9 PO 10 Develop and analyze algorithms. 15.0 Describe characteristics of small business. 15.2 Identify opportunities for small business in the Page 5 of 5 August 1998
community. 6M-P4 Make and test conjectures. 3M-P1 Model real-world phenomena (e.g., compound interest or the flight of a ball) using functions and relations (e.g., linear, quadratic, sine and cosine, and exponential). 3M-P3 Analyze the effects of parameter changes on functions (e.g., linear, quadratic and trigonometric) using calculators and/or computers. 16.0 Examine financial considerations for a business. 16.5 Project sales, costs, and profit or loss. 3M-P6 6M-P2 6M-P4 PO 1 Perform mathematical operations on expressions and matrices, and solve equations and inequalities. PO 9 PO 10 Determine the validity of arguments. PO 2 Make and test conjectures. Page 6 of 6 August 1998
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