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 "TextEvaluator"® text analysis tool is a fully automated text complexity evaluation tool designed to help teachers, curriculum specialists, textbook publishers, and test developers select texts that are consistent with the text complexity guidelines specified in the Common Core State Standards.This paper documents the procedure used…

The online deployment of Technology Engineered online Student Ratings of Instruction (SRIs) by colleges and universities in the United States has dynamically changed the deployment of course evaluation. This research investigation is the fourth part of a post hoc study that analytically and psychometrically examines the design, reliability, and…

Some procedures for estimating internal consistency reliability may be superior mathematically to the more commonly used methods such as Coefficient Alpha. One problem is computational difficulty; the other is the possibility of overestimation due to capitalization on chance. (Author/CTM)

The merits of double exponential smoothing are discussed relative to other types of pattern-based enrollment forecasting methods. The difficulties associated with selecting an appropriate weight factor are discussed, and their potential effects on prediction results are illustrated. Two methods for objectively selecting the "best" weight…

A pivotal theorem which is of critical importance to statistical inference in probability and statistics is the Central Limit Theorem (CLT). The theorem concerns the sampling distribution of random samples taken from a population, including population distributions that do not have to be normal distributions. This paper contains a brief history of…

Modifications to current methods of calculating and reporting financial ratios are outlined for college managers. The modified ratios, felt to be more realistic, are illustrated with applications in three areas: (1) student revenues; (2) endowment and other investment income; and (3) public and private gifts, grants, and contracts revenue. (MSE)

Compa-ratio, a technique used in diverse ways in the corporate sector, was used to analyze gender bias in faculty salaries at one university. Results, compared with those derived from two multiple regression analyses of the same data, suggest that the technique is adaptable for higher education and easily understood by administrators and faculty.…

Statistical and budgeting techniques used in several institutions to measure productivity are described and illustrated. The analyses include both moment-in-time cost versus productivity and program trends. (MSE)

To determine where given Virginia institutions of higher education stand in the aggregate regarding administrators' salaries among similar institutions, salary information provided by chief academic officers of eight senior public-supported institutions in Virginia for their administrative faculty was compared with data from other United States…

The development, characteristics, statistical findings, and utility of a faculty salary model used for three years in a diversified higher education system are reported. The model was developed in response to needs to deal with salary equity litigation, make interinstitutional salary comparisons, and better understand factors determining salaries.…

A statistical model is presented for processing quantitative admission data that weights equally two or more quantitative elements to ensure that the N most consistently high scorers qualify for the N available positions. The quantitative elements considered are overall grade point average (GPA), GPA in selected courses, and standardized test…

The ratings of 43 third-year medical students were used to investigate a method of computing the reliability of ratings. The students were evaluated on a four-point rating scale along seven dimensions of clinical ability: diagnostic ability; motivation; sense of responsibility; oral-verbal ability; effectiveness with patients; ability to take a…

The need for a system of price indexes for colleges and universities is discussed. First, past efforts to develop price indexes are reviewed, dating back to 1952 and highlighting two specific indexes, the Higher Education Price Index (HEPI) and the Uniform Price Index Calculation System (UPICS). For the latter, the price indexes of direct costs…

This paper consists of results of a state survey and case studies of Minnesota and Massachusetts, two states with recent histories in implementing tuition formulas. Both case studies are discussed within the context of state fiscal conditions and appropriations. The survey revealed that 16 states are attempting to establish an enduring rationale…