Probability & Statistics: Modular Learning Exercises. Student Edition

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Bibliographic Details
Title: Probability & Statistics: Modular Learning Exercises. Student Edition
Language: English
Authors: Actuarial Foundation
Source: Actuarial Foundation. 2012.
Availability: Actuarial Foundation. 475 North Martingale Road Suite 600, Schaumburg, IL 60173. Tel: 847-706-3535; Fax: 847-706-3599; e-mail: info@actfnd.org; Web site: http://www.actuarialfoundation.org
Peer Reviewed: N
Physical Description: PDF
Page Count: 38
Publication Date: 2012
Intended Audience: Students
Document Type: Guides - Classroom - Learner
Education Level: Elementary Secondary Education
High Schools
Secondary Education
Descriptors: Mathematical Concepts, Probability, Statistics, Learning Modules, Insurance, High School Students, Risk Assessment, Natural Disasters, Weather, Correlation, Regression (Statistics), Graphs, Simulation, Insurance Occupations, Mathematical Models, Spreadsheets, Educational Technology, Glossaries, Statistical Analysis, Mathematics Instruction, Mathematics Skills, Class Activities, Mathematics Activities, Statistical Distributions, Statistical Data, Advanced Courses, Workbooks
Abstract: 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 possible losses associated with hurricanes and tropical storms in Happy Shores. Students use historical data to create models about possible damages if hurricanes of certain strengths hit. "Probability & Statistics: Modular Learning Exercises" cover: (1) Basic Statistics Concepts; (2) The Normal Model; (3) Discrete Probability Distributions; and (4) Correlation and Regression. Definitions are appended.
Abstractor: ERIC
Entry Date: 2013
Accession Number: ED540546
Database: ERIC
Description
Abstract: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 possible losses associated with hurricanes and tropical storms in Happy Shores. Students use historical data to create models about possible damages if hurricanes of certain strengths hit. "Probability & Statistics: Modular Learning Exercises" cover: (1) Basic Statistics Concepts; (2) The Normal Model; (3) Discrete Probability Distributions; and (4) Correlation and Regression. Definitions are appended.