Since the seminal introduction of the propensity score (PS) by Rosenbaum and Rubin, PS-based methods have been widely used for drawing causal inferences in the behavioral and social sciences. However, the PS approach depends on the ignorability assumption: there are no unobserved confounders once observed covariates are taken into account. For…

Financial analysts generally create static formulas for the computation of NPV. When they do so, however, it is not readily apparent how sensitive the value of NPV is to changes in multiple interdependent and interrelated variables. It is the aim of this paper to analyze this variability by employing a dynamic, visually graphic presentation using…

The goal of this paper is to promote computational thinking among mathematics, engineering, science and technology students, through hands-on computer experiments. These activities have the potential to empower students to learn, create and invent with technology, and they engage computational thinking through simulations, visualizations and data…

This methodological note illustrates how a commonly used calculation of the Delta-p statistic is inappropriate for categorical independent variables, and this note provides users of logistic regression with a revised calculation of the Delta-p statistic that is more meaningful when studying the differences in the predicted probability of an…

This paper develops a series of models for optimal tuition pricing for private colleges and universities. The university is assumed to be a profit maximizing, price discriminating monopolist. The enrollment decision of student's is stochastic in nature. The university offers an effective tuition rate, comprised of stipulated tuition less financial…

The purpose of this research was to study effects of teaching activities using team learning with different and non-different major subjects on innovative knowledge creation of undergraduate students. The subjects were 14 undergraduate students registered in Technology Activities course (2726311), faculty of Education, Chulalongkorn University.…

Weighting and variance estimation are two statistical issues involved in survey data analysis for large-scale assessment programs such as the Higher Education Information and Communication Technology (ICT) Literacy Assessment. Because survey data are always acquired by probability sampling, to draw unbiased or almost unbiased inferences for the…

Describes the "Buffon's Needle" problem, which is calculating the probability that a needle will cross one of two separated lines. Calculates the probability when the length of the needle is greater than the space of the two lines. Provides an analytic solution and the results of a computer simulation. (YP)

Describes a model for geometrical probability. Presents two examples of basic theories of probability using geometrical probability. Provides three problems using the described theorem. (YP)

The relationships among types of errors observed during probability problem solving were studied. Subjects were 50 graduate students in an introductory probability and statistics course. Errors were classified as text comprehension, conceptual, procedural, and arithmetic. Canonical correlation analysis was conducted on the frequencies of specific…

A method that enables people to obtain the benefits of statistics and probability theory without the shortcomings of conventional methods because it is free of mathematical formulas and is easy to understand and use is described. A resampling technique called the "bootstrap" is discussed in terms of application and development. (KR)

In order to meet two key objectives, enrollment managers at colleges and universities make extensive use of single equation probability models. The first objective is to generate sufficient financial resources to educate the students enrolled. The more dependent the institution is on tuition revenues, the more important is this objective. The…

Describes a five-dice game, horse. Discusses the offensive player's strategy using the ideas of probability, such as counting outcomes, mutually exclusive events, conditional probabilities, zero sum games, and the use of computer. (YP)

Presents three traditional problems from discrete mathematics with alternative solutions and discussion of those solutions. (PK)

Explains a new way of viewing Bayes' formula. Discusses the revision factor and its interpretation. (YP)