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Johnson, Marina E.; Misra, Ram; Berenson, Mark – Decision Sciences Journal of Innovative Education, 2022
In the era of artificial intelligence (AI), big data (BD), and digital transformation (DT), analytics students should gain the ability to solve business problems by integrating various methods. This teaching brief illustrates how two such methods--Bayesian analysis and Markov chains--can be combined to enhance student learning using the Analytics…
Descriptors: Bayesian Statistics, Programming Languages, Artificial Intelligence, Data Analysis
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Shaughnessy, J. Michael; Dick, Thomas – Mathematics Teacher, 1991
Included are probability models for various strategies that contestants on the television game show, "Let's-Make-a-Deal," might use when given the option to stick with their original choice of three unopened doors or switch to the unopened door after one of the other two doors has been opened. (JJK)
Descriptors: Bayesian Statistics, Elementary Secondary Education, High Schools, Mathematical Models
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Sahai, Hardeo; Reesal, Michael R. – School Science and Mathematics, 1992
Illustrates some applications of elementary probability and statistics to epidemiology, the branch of medical science that attempts to discover associations between events, patterns, and the cause of disease in human populations. Uses real-life examples involving cancer's link to smoking and the AIDS virus. (MDH)
Descriptors: Bayesian Statistics, Epidemiology, Integrated Activities, Mathematical Applications