Student Loans: Part Two
From the Integrating Mathematical Problem Solving project by Mathematics in Education and Industry (MEI), this activity shows how changing the assumptions which a model is based on can change the way it behaves. It is important to compare predictions from a model to what we know happens in real life. This unit assumes that students have done Student Loans (part one). The mathematical ideas covered are:
• Modelling assumptions and their importance
• Interpreting statistical diagrams and tables
• Using pivot tables in Excel to organise data
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Downloads
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Student loans 2 teacher notes 62.28 KB
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Payback table 16.8 KB
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Pivot table for student loans 1.12 MB
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Earnings model 117.29 KB
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Government proposal for HE funding 62.45 KB