To be literate in a society where the information shared online is often exploited, learners should be exposed to multiple aspects of contemporary predictive modeling. This article explores an activity in which grade 10 students learned how a famous AI algorithm (the Apriori algorithm) uses conditional probability to automate the process of…

The proposed revisions to the "Australian Curriculum: Mathematics" highlight the importance of learning to mathematise, problem-solve and reason in real world contexts, including financial contexts. Through the Economics + Maths = Financial Capability research project, the authors have been imagining fresh ideas for connecting the…

A simple normative theory applicable to public library services was developed as a tool to aid libraries in answering the question: which books should be bought by the library? Although developed for normative purposes, the theory generates testable predictions. It is relevant to measuring benefits from services which are provided publicly because…

Models to assess the impact of a college on the local economy are examined. A primary objective was to derive equations for which data could be obtained from normal records kept by colleges, local governments, and businesses. The models, which are designed to be used by college presidents and their staffs, are linear cash-flow formulas, including…

Examines two classes of production functions in which the long-run competitive equilibrium scale of the firm increases when the relative price of the dominant factor decreases. Compares these with a third class of production functions where the equilibrium scale is independent of the relative price of the dominant factor. (MJP)

The costs of providing access to serial literature in four university research libraries were examined in this study, and a methodology was developed for comparing borrowing costs with the costs of acquisition, cataloging, maintenance, and circulation. Mathematical models are provided by which any library can determine at what frequency of use of…