Monday, 11 January 2016

Mean, median and business proposals

Today we learned about mean and median and how to determine each. We discovered that the mean is like a balance for a set of data and the median is the middle number in a set of data. When determining the mean we list the numbers from least to greatest and find the number in the middle. If there is an even number of data points we take the two middle numbers, add them together and divided by 2 to get the median.

We also formed groups to present a business proposal for our Entrepreneurial Adventure project. These 5 highly motivated groups will present their business proposal to Tammy Auchterlonie our business mentor on Thursday January 21.

This week the focus is on completing all steps of the business proposal similar to the one found here. https://www.pandadoc.com/investor-propposal-template
A google doc of the assignment has been shared in each student's language folder. Students decided on a product and a company name. The task now is to come up with a plan to make and sell the product and determine the cost and potential profit. Students will also brainstorm ideas for start up money.

Next week the businesses will work on how to present their proposal using persuasive techniques.

Today the last of the Literature study jobs were handed out. This week students are to complete the Summarizer and Literary Luminary jobs. 

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