I tend to encounter a fair few business students that struggle with the concept of Price Elasticity of Demand (PED). I found this nicely presented video on youtube, describing the concept quite clearly…Enjoy!:
Price Elasticity of Demand
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Author: Laura Pearson
/Regression
/There seams to be a high demand for understanding Regression. Here are a few suggested resources I’d recommend you refer to, to get you on your way:
Discovering Statistics using SPSS -by Andy Field
Statistics without maths for psychology – by Christine Dancey & John Reidy
If these specific books are not checked in, have a look on the shelves around them, there will be many similarly useful books there. (Don’t be put off if it’s subject specific such as the Dancy & Reidy book)
Many online videos….
Introducing Khan Academy
/I would like to introduce you to the wonderful resource of the Kahn Academy. If you’ve been into see you may well have heard me ranting about it but i’m going to rant some more on here anyway!
Salman Kahn started out by making a few algebra videos for his cousins and now has this amazing and free resource (which is always music to ones ears!), of over 2500 videos, practice examples and assessments covering many diciplines from Pure Maths and Physics to Finance, Health Care, Chemistry…you name it!
In each nicely presented 10 minute video he manages to clearly explained each concept. The tutorials are very easy to access straight from the home page. You can even log in to keep track of what tutorials you have watched and gain points and badges for doing so. Below is an example video for you, all about Standard Deviation, something that I get asked about quite a lot!
Welcome to Laura’s Notes, MASH Common Queries
/The plan is to post here note and links to help answer common queries that we receive at the Maths & Stats Help centre.
If you would like to ask a question please email us, MASH@Lincoln.ac.uk.
More importantly, if you find something you think would be of use to your fellow students please do send us a post, we will add it to the blog with credit to you (or anonymously if you prefer!)