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Monte Carlo Simulation Using HyperCard and Lotus 1-2-3.

Oulman, Charles S.; Lee, Motoko Y. – 1990

Monte Carlo simulation is a computer modeling procedure for mimicking observations on a random variable. A random number generator is used in generating the outcome for the events that are being modeled. The simulation can be used to obtain results that otherwise require extensive testing or complicated computations. This paper describes how Monte…

Descriptors: Authoring Aids (Programing), Computer Assisted Instruction, Computer Simulation, Computer Software

Probability, Problem Solving, and "The Price is Right."

Peer reviewed

Wood, Eric – Mathematics Teacher, 1992

This article discusses the analysis of a decision-making process faced by contestants on the television game show "The Price is Right". The included analyses of the original and related problems concern pattern searching, inductive reasoning, quadratic functions, and graphing. Computer simulation programs in BASIC and tables of…

Descriptors: Computer Assisted Instruction, Computer Simulation, Learning Activities, Mathematical Applications