Using Math to Make a Decision

Category: Mathematics

Select a project that is meaningful to you.  The project should be a situation for which math is used to help you make a decision or reach a conclusion.  Identify the steps you have followed to complete your project.  Especially, set up the processes that you use in the form of a formula or equation.  Include an introduction that explains in detail what you intend to do.

 

Section 1:  Explain the problem, including assumptions you made at the beginning.  The problem should include an analysis of data.  Add a table if appropriate.  Identify the steps you will follow and indicate where the math is along the way.

 

Section 2:  Identify the methods you use to solve the problem.  Explain the processes (formulas) you use to find the solution.  Set up a general formula / equation that would be applicable to similar situations.

 

Section 3:  Analyze your findings.  An assessment of the solution should include a discussion of the appropriateness of the solution.

 

Section 4:  Include a concluding statement to discuss how the process permitted you to make a decision and what that decision was.

 

Some possible topics might be:

Ø  Designing a home repair project

Ø  Planning a trip

Ø  Buying a house, a co-op, a car

Ø  Planning an important event such as a family reunion or special dinner

Ø  Making and tracking an investment in the stock market

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