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…

This report summarises the research activities and findings from the TLRI-funded project entitled "Visualising Chance: Learning Probability Through Modelling." This exploratory study was a 2-year collaboration among two researchers, two conceptual software developers/interactive graphics experts, three university lecturers/practitioners,…

In this article, we show a dynamic graphic in Excel that is used to introduce an important concept in our subject, Statistics I: the probability density function. This interactive graphic seeks to facilitate conceptual understanding of the main aspects analysed by the learners.

This article will expand upon the techniques of Criminologist, D. Kim Rossmo, and Social Psychologist, David Canter for determining a serial criminal's base of operations. The basic framework for our investigation is that of Rossmo, but uses a different criterion for analysing the relationship of points within the hunting area defined by the crime…

Laypeople tend to be overly sensitive to side effects of treatments that prevent illness, possibly leading them to refuse beneficial therapies. This Internet-based study attempted to reduce such side effect aversion by adding graphic displays to the numerical risk probabilities. It also explored whether graphics reduce side effect aversion by…

There is much research that documents what many teachers know, that students struggle with many concepts in probability and statistics. This article presents two sample activities the authors use to help preservice teachers develop ideas about how they can use technology to promote their students' ability to understand mathematics and connect…

A computer program is presented which simulates the classical probability machine, using Applesoft II high-resolution graphics. Many variables are left to the user's choosing. Suggestions for using the machine, understanding the problem, the mathematical model, and further program documentation are given. (MNS)

How a computer randomly generates numbers to turn off lighted blocks on a graphics display is discussed. A computer program is given after reviewing a definition and two theorems and applying them to the problem. (MNS)

College teachers attending an NSF-sponsored summer workshop (1974) produced a series of films showing computer displays of mathematical problems and phenomena. These instructional materials are organized into four units: (1) functions and graphs; (2) analysis; (3) probability, statistics, and simulation; and (4) mathematical models. They are keyed…

A computer-assisted instruction (CAI) project designed a system to teach the elementary properties of statistical distributions in a probability course. It was used to reinforce teacher material with graphic displays and to provide laboratory exercises, the objectives being to promote easier grasp and retention of subject matter. The system…

Suggests a series of ratio activities that make use of a computer to produce graphical collections of objects in a grid with variable dimensions. Extends content to the areas of proportions, statistics, probability, programming, and problem solving. (PK)

Describes how Logo computer simulations, or microworlds, were incorporated into a series of lessons on the nature of probability. Data were generated and displayed using Logo. (MKR)

Demonstrates the use of graphing technology to help students develop and interpret three models of jury behavior and explore the potential effect of such actions as changing jury size. MathCAD, an electronic notebook was used. (Contains 10 references.) (MKR)

Reviews for three software packages are given. Those packages are: Linear Algebra Computer Companion; Probability and Statistics Demonstrations and Tutorials; and Math Utilities: CURVES, SURFS, AND DIFFS. (PK)

Illustrates the exploration of random and chance events with a microcomputer. Demonstrates this principle using turtle graphics, coin flips, and die rolls in a student exercise involving distance and direction on a number line. Includes the necessary LOGO programming statements to use this method. (CW)