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Direct linkBaker, Ardith – Teaching Statistics: An International Journal for Teachers, 2014
Chocolate chip cookies are used to illustrate the importance and effectiveness of control charts in Statistical Process Control. By counting the number of chocolate chips, creating the spreadsheet, calculating the control limits and graphing the control charts, the student becomes actively engaged in the learning process. In addition, examining…
Descriptors: Teaching Methods, Statistics, Mathematics Instruction, Food
Baker, Ardith; Bittner, Teresa; Makrigeorgis, Christos; Johnson, Gloria; Haefner, Joseph – Teaching Statistics: An International Journal for Teachers, 2010
Recent evidence indicates that decision makers are more sensitive to potential losses than gains. Loss aversion psychology has led behavioural economists to look beyond expected utility by developing "prospect theory." We demonstrate this theory using the "Deal or No Deal" game show.
Descriptors: Decision Making, Television, Games, Psychology
