AD23: Business Mathematics and Statistics is a Foundation Level paper in the KASNEB Accounting Technician Diploma (ATD) qualification. It equips learners with the mathematical and statistical knowledge and practical skills required to solve business and financial problems, analyze data, and support informed decision-making. The course emphasizes quantitative techniques used in accounting, finance, economics, and business management.

Key Topics Covered

Fundamentals of Business Mathematics
Algebra and Equations
Functions and Graphs
Indices and Logarithms
Financial Mathematics
Simple and Compound Interest
Annuities and Discounting
Matrices and Simultaneous Equations
Introduction to Statistics
Data Collection and Presentation
Measures of Central Tendency
Measures of Dispersion
Probability Theory
Probability Distributions
Correlation and Regression Analysis
Time Series Analysis
Index Numbers
Statistical Sampling
Business Forecasting
Use of Statistical Software and Spreadsheets

KSh7,000.00

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Last Updated: August 9, 2026

This course includes

Mathematical Foundations
- Basic algebra
- Functions and graphs
- Indices and logarithms
- Simultaneous equations
Business Mathematics
- Ratios and proportions
- Percentages
- Simple and compound interest
- Annuities and depreciation
Descriptive Statistics
- Data collection and classification
- Measures of central tendency
- Measures of dispersion
- Data presentation techniques
Probability and Distributions
- Basic probability concepts
- Probability distributions
- Expected values
- Applications of probability
Statistical Analysis
- Correlation analysis
- Regression analysis
- Index numbers
- Time series analysis
Decision-Making Techniques
- Forecasting methods
- Statistical interpretation
- Business decision-making
- Quantitative problem-solving
Business Applications
- Financial calculations
- Business performance analysis
- Statistical reporting
- Data-driven decision support