Ch 5: PLACE Marketing: Basic Math Concepts

About This Chapter

Let us help you brush up on basic match concepts, such as calculations with percents and fractions, as you prepare for the PLACE Marketing exam. These lessons and quizzes may prepare you to answer questions on basic math concepts on test day.

PLACE Marketing: Basic Math Concepts - Chapter Summary

Use the lessons in this chapter to review basic math concepts a marketing teacher should know, including how to do calculations with percents, ratios and fractions. Our videos can prepare you for questions on the following topics as you get ready to take the PLACE Marketing Education exam:

  • Bar graphs and pie charts
  • The order of operations
  • Fractions, mixed numbers and decimal numbers
  • Relative and cumulative frequency tables
  • Ratios, proportions and rates
  • Financial ratio analysis
  • Mean, median, mode and range
  • Standard deviation

These lessons go over topics you may not have studied since your high school years, giving you an enjoyable review as you prepare for the PLACE Marketing Education exam. You can watch the videos any time you have a few extra minutes from either a computer or mobile device.

Objectives of the PLACE Marketing: Basic Math Concepts Chapter

In Colorado, one of the requirements for certification to teach marketing is passing the PLACE Marketing Education exam. This exam contains three main subareas, and questions on information in these lessons are in the Basic Concepts of Business and Marketing subarea.

The PLACE Marketing Education exam consists entirely of multiple-choice questions, like the brief quizzes in each of our videos. These quizzes let you see what answering these kinds of questions will be like on test day and also let you gauge your learning and find out if extra review is needed.

12 Lessons in Chapter 5: PLACE Marketing: Basic Math Concepts
Test your knowledge with a 30-question chapter practice test
Understanding Bar Graphs and Pie Charts

1. Understanding Bar Graphs and Pie Charts

In this lesson, we will examine two of the most widely used types of graphs: bar graphs and pie charts. These two graphs can provide the reader with a comparison of the different data that is displayed.

What Is The Order of Operations in Math? - Definition & Examples

2. What Is The Order of Operations in Math? - Definition & Examples

The order of operations is the steps used to simplify any mathematical expression. In this video, learn how to solve problems using these steps and easy tricks to remember them.

Solving Problems using Fractions and Mixed Numbers

3. Solving Problems using Fractions and Mixed Numbers

Fractions don't just live in math problems. They're all around us, helping us through our lives. In this lesson, we'll look at real scenarios where your ability to work with fractions can save the day.

Solve Problems Using Percents

4. Solve Problems Using Percents

Percents are your friend. Think of all the cool things percents do for you. They save you money, and they tell you how well you are doing in school. Learn how you can solve problems with percents in this video lesson.

How to Calculate Percent Increase with Relative & Cumulative Frequency Tables

5. How to Calculate Percent Increase with Relative & Cumulative Frequency Tables

In statistics, one way to describe and analyze data is by using frequency tables. This lesson will discuss relative and cumulative frequencies and how to calculate percent increase using these two methods.

Solving Problems Using Decimal Numbers

6. Solving Problems Using Decimal Numbers

Problems involving decimal numbers might sound like a way to torture you, but learning how important these types of problems are in the real world is important. In this lesson, you will see a couple areas in life where you routinely encounter decimal number problems.

Proportion: Definition, Application & Examples

7. Proportion: Definition, Application & Examples

When we want to compare one ratio, or fraction, to another equivalent ratio, it's a proportion. Learn all about proportions and practice solving proportion problems in this lesson.

Ratios & Rates: Definitions & Examples

8. Ratios & Rates: Definitions & Examples

If we have two items, or two numbers, and we want to compare them, what language can we use? How do we write the comparison? Find out as we learn about ratios and rates in this lesson.

Calculations with Ratios and Proportions

9. Calculations with Ratios and Proportions

Even if only 99 out of 100 people need to know how to work with ratios, the odds that they'll be useful to you are very high. In this lesson, we'll practice performing calculations with ratios and proportions.

Financial Ratio Calculation and Analysis

10. Financial Ratio Calculation and Analysis

After watching this video lesson, you will understand how financial ratios are calculated. You will also understand where they come from and how to read them.

How to Calculate Mean, Median, Mode & Range

11. How to Calculate Mean, Median, Mode & Range

Measures of central tendency can provide valuable information about a set of data. In this lesson, explore how to calculate the mean, median, mode and range of any given data set.

Calculating the Standard Deviation

12. Calculating the Standard Deviation

In this lesson, we will examine the meaning and process of calculating the standard deviation of a data set. Standard deviation can help to determine if the data set is a normal distribution.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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