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Download full textActuarial Foundation, 2012
The purpose of these modules is to provide an introduction to the world of probability and statistics to accelerated mathematics students at the high school level. The materials are centered on the fictional town of Happy Shores, a coastal community which is at risk for hurricanes. Actuaries at an insurance company figure out the risks and…
Descriptors: Mathematical Concepts, Probability, Statistics, Learning Modules
Yamamoto, Kentaro; Muraki, Eiji – 1991
The extent to which properties of the ability scale and the form of the latent trait distribution influence the estimated item parameters of item response theory (IRT) was investigated using real and simulated data. Simulated data included 5,000 ability values randomly drawn from the standard normal distribution. Real data included the results for…
Descriptors: Ability, Estimation (Mathematics), Graphs, Item Response Theory
