MBQM652 Daily Lessons
 January 29, 2003: Added Link for Day 7
To help you with your coursework, we have posted videos and example problems for Days 1 - 8. Most of the videos run approximately ten minutes. If you need help viewing or listening to videos, viewing PDF files, or downloading free plug-ins, Click Plug-ins and Video Tips. Click your Back button to return to this page.
In class you will receive hard copies of the Activity Problems assigned in the Daily Lessons (noted below). However, you can also download an electronic file for each Activity Problem to your computer. You can then type your answers in the electronic file, print a hard copy with your answers, and turn in the hard copy. To download the files, go to the Activity Problems Download Page; Click your Back button to return to this page.
To review technology questions (related to S3C) by telephone, send me an email with your telephone number and a good time to call you. Be as descriptive as possible in identifying the problem. Identify factors such as the videos you need help with, type of problem (image, sound, other), time of day the problem occurs, type of access (modem or high speed), operating system (PC or Mac), location (on campus, at home, or at the office), and so on.
To review general technology questions (logging on, passwords, usernames), call UST's Help Desk at 651-962-6230.
Thank you.
~ Pati
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Day 1
Activity I, Problem 8
Click Decision Analysis Software Lesson below to get to a list of links. From that list, Click Example Problem: Whether or Not to Market a Product to get the problem that will be discussed in the PrecisionTree video below. Print the problem and refer to it when you play the PrecisionTree video.
Decision Analysis Software Lesson (Example Problem)
PrecisionTree (Comments on using PrecisionTree)
PrecisionTree Video Series (Demonstration)
Using a 5 Step Process to Solve Word Problems
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Day 2
Activity VIII, Problem 3
@RISK I Video Series
@RISK II Video Series
Activity I, Problem 1, Part 2
Control Charts (to be added)
Finance Notations, Terminology, and Concepts
Notations
Superscripts (t vs. n): Some disciplines use the superscript t to indicate time (number of years, months, and so on); other disciplines use the superscript n. The videos in this section use both references interchangeably.
Subscripts: An and an mean two different things.
For An, you should sum (add) the first n terms. For A3, you would add the first 3 terms in a sequence of terms. Given the sequence, 7, 12, 17, 22,
For an, you should find the nth term in a sequence of terms. Given the sequence 7, 12, 17, 22,
Simple Interest
Compound Interest
We are in the process of correcting the lead in video, Power of Compounding. An error appears at approximately 4:40. In the table of numbers presented, for 30 years, the value of the account should be $300,000; for 40 years, the value of the account should be $930,000. The values of the changes should be adjusted accordingly.
Power of Compounding, Introduction
Power of Compounding, Interest Rate
Power of Compounding, Graphing
Visualizing Compounding, Part I
Visualizing Compounding, Part II
Continuous Compounding, Part I
Continuous Compounding, Part II
Average Rate of Return
Nominal & Effective Interest Rates
Present Value
Annuity Formula
Capital Recovery Factor
More Models
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Day 3
Day 4
Day 5
Day 6
Activity VIII, Problem 4
@RISK I Video Series
@RISK II Video Series
Activity VIII, Problem 5
Polynomial Regression (to be added)
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Day 7
Day 8
Have a Great Time at your final.
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Your questions, comments, and concerns are important. Please review them with your instructors. If you feel an S3C helpline would be beneficial, please email the Site Coordinator.
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