Business Math and Expected Value for Decisions

Making sound business choices requires moving beyond intuition and using quantitative frameworks to assess risk and reward. This text-based course introduces essential business mathematics and expected value concepts to help you evaluate opportunities and select optimal strategies. You will start by learning core terminology, statistical fundamentals, and standard financial calculations. What you will learn: Understand foundational business math concepts including averages, ratios, and basic probability; Calculate expected values to evaluate risks and potential financial returns; Apply weighted averages and scorecards to compare competing business options; Forecast future results using simple linear functions and scenario modeling; Build risk-adjusted decision matrices to support strategic planning; Communicate numerical findings clearly through structured written summaries. The content moves systematically from basic definitions to applied decision frameworks and quantitative evaluation techniques. Created for beginners, emerging managers, and business professionals looking to build practical quantitative skills with no advanced math prerequisites needed. Read through the lessons to gain confidence in turning data into sound business decisions.