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…

Discusses the use of Microsoft Excel software and provides examples of its use in an online statistics course at Golden Gate University in the areas of randomness and probability, sampling distributions, confidence intervals, and regression analysis. (LRW)

SPIRIT is an Intelligent Tutoring System for tutoring probability theory which has evolved through a continuous process of experimentation and tuning. The system manages a unique flexible tutoring style. On one hand, the system may behave as a tutor who mostly observes the student without interference, intervening only when things are really going…

Provides a short BASIC program, RANVAR, which generates random variates for various theoretical probability distributions. The seven variates include: uniform, exponential, normal, binomial, Poisson, Pascal, and triangular. (MVL)

Development of an inexpensive but powerful computer program to teach clinical periodontal diagnosis using epidemiological principles is described. Using probabilistic thinking, the student is guided from application of raw research data to derivation of likelihood ratios and how they affect clinical decision making. Student response was found to…

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)