Chapter 1 Key terms

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Chapter 1 Key Terms Introduction to Business Quantitative Methods
Katrina Smith
Flashcards by Katrina Smith, updated more than 1 year ago
Katrina Smith
Created by Katrina Smith over 2 years ago
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Question Answer
Addends Number that combined in the addition process. Example: 8+9=17, in which 8 and 9 are the addends
Decimal Point Center of the decimal system - located between unites and tenths. Numbers to left are whole numbers; to the right are decimal numbers
Decimal System The U.S base 10 numbering system that uses the 10 single-digit numbers shown on a calculator.
Difference The resulting answer from a subtraction problem. Example: Minuend less subtrahend equals difference.
Dividend Number in the division process that is being divided by another. Example: 15/5, in which 15 is the dividend.
Divisor Number of the division process that is dividing into another. Example: 15/5, in which 5 is the divisor
Minuend In a subtraction problem, the larger number from which another is subtracted. Example: 50 - 40 = 10
Multiplicand The first or top number being multiplied in a multiplication problem. Example: Product 12 = multiplicand 20 x multiplier 2
Partial Products Numbers between multiplier and product
Partial Quotient Occurs when divisor doesn't divide evenly into the dividend
Product Answer of a multiplication process. Example: 5 x 10 = 50 (product)
Quotient The answer to a division problem
Remainder Leftover amount in division
Rounding all the way Process to estimate actual answer. When rounding all the way, only one nonzero digit is left. Rounding all the way gives the least degree of accuracy. Example: 1,251 to 1,000
Subtrahend In a subtraction problem smaller number that is being subtracted from another. Example: 150 - 30 = 120 30 is the subtrahend
Sum Total in the adding process
Whole Number Number that is 0 or larger and doesn't contain a decimal or fraction such as 10, 55, or 92
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