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Simulating Size and Power Using a 10-Sided Die part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

This group activity illustrates the concepts of size and power of a test through simulation. Students simulate binomial data by repeatedly rolling a ten-sided die, and they use their simulated data to estimate the size of a binomial test.

Simulating the Effect of Sample Size on the Sampling Distribution of the Mean part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

A java applet that simulates the sampling distribution of the mean. It allows students to explore the effect of sample size.

Simulating a P-value for Testing a Correlation with Fathom part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

This activity has students use Fathom to test the correlation between attendance and ballpark capacity of major league baseball teams by taking a sample of actual data and scrambling one of the variables to see how the correlation behaves when the variables are not related. After displaying the distribution of correlations for many simulated samples, students find an approximate p-value based on the number of simulations that exceed the actual correlation.

Influence of Outliers on Correlation part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

In this visualization activity, students will observe their instructor create a scatterplot and observe how the correlation coefficient changes when outlier points are added. Students are then given a follow up assignment which guides them through the applet. In addition, the assignment provides insight about outliers and their effect on correlation.

Coke vs. Pepsi Taste Test: Experiments and Inference about Cause part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

The Coke vs. Pepsi Taste Test Challenge has students design and carry out an experiment to determine whether or not students are able to correctly identify two brands of cola in a blind taste test. In the first ...

Reese's Pieces Activity: Sampling from a Population part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

This activity uses simulation to help students understand sampling variability and reason about whether a particular samples result is unusual, given a particular hypothesis. By using first candies, then a web applet, and varying sample size, students learn that larger samples give more stable and better estimates of a population parameter and develop an appreciation for factors affecting sampling variability.

Using an Applet to Demonstrate Confidence Intervals part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

Students will utilize an applet to further expand their knowledge of confidence intervals.

Virtual Photoelectric Lab part of Pedagogy in Action:Library:Teaching with Data Simulations:Examples

This is a virtual lab activity on the photoelectric effect based on a Java applet simulation of the experiment.

Tax Game part of Pedagogy in Action:Library:Teaching with Simulations:Examples

The link between a set of taxes and income distribution is an important, but difficult, concept taught in economics principles courses. The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax. The student can choose any rates he or she wishes, but must achieve a given revenue target.

Ricardian Explorer part of Pedagogy in Action:Library:Teaching with Simulations:Examples

Ricardian Explorer, implemented on the internet, simulates a Ricardian trade model with linear production technology and a CES utility function. The typical simulation has two countries and two goods. While ...

MarketSim part of Pedagogy in Action:Library:Teaching with Simulations:Examples

MarketSim helps students understand the functioning of markets by having them become consumers and producers in a simulated economy. There are two versions, both implemented over the internet. Jeremy's market ...

Sports Franchise Simulation part of Pedagogy in Action:Library:Teaching with Simulations:Examples

A Sports Franchise Simulation, modeled after the card game War, lets students run their own sports franchise. While the goal of the simulation is to teach students several microeconomics concepts taught in a ...

General Equilibrium Simulation for Microeconomics part of Pedagogy in Action:Library:Teaching with Simulations:Examples

Teaching general equilibrium analysis to students is challenging. General equilibrium models are typically accessible to only a small handful of mathematically well prepared students. Yet the growing significance ...

Specialization and Division of Labor part of Pedagogy in Action:Library:Teaching with Simulations:Examples

This example engages students in a simple simulation of specialization and division of labor. All that is needed are staplers and some paper.

Dynamic Integrated Climate Change Model (DICE) part of Pedagogy in Action:Library:Teaching with Simulations:Examples

The Dynamic Integrated Climate Change (DICE) model assumes a single world producer must chose levels for three simultaneously determined variables: current consumption, investment, and greenhouse gases reduction. ...

Iterated Prisoner's Dilemma part of Pedagogy in Action:Library:Teaching with Simulations:Examples

A lab exercise using a Netlogo simulation to explore alternative strategies in an iterated prisoner's dilemma mode.

Using Excel Spreadsheets to Explore Profit Maximization part of Pedagogy in Action:Library:Teaching with Simulations:Examples

This exercise uses a simple Excel spreadsheet to explore the concept of profit-maximization for a perfectly competitive firm.

Using Jeremy's Market in MarketSim to understand utility maximization part of Pedagogy in Action:Library:Teaching with Simulations:Examples

Jeremy's Market in MarketSim makes students responsible for a household. Students make production and consumption decision to try to maximize household utility.

Basic Monte Carlo Simulation for Beginning Econometrics part of Pedagogy in Action:Library:Teaching with Simulations:Examples

Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.

Stata Monte Carlo Simulation for Heteroskedasticity part of Pedagogy in Action:Library:Teaching with Simulations:Examples

This is a simulation for a beginning econometrics course that shows students how heteroskedasticity biases an estimator and why the power of a statistical text is important.