Quantitative Literacy Info-Graph Project

For the Chapter 12 Statistics Project, you will be creating an info-graphic to visually communicate data. You may choose to collect your own data or use data that you find from

reliable internet sources or journal articles. You must submit a JPEG version of your info graphic in Moodle by the due date and also a Word Document supporting your work. A brief

activity will be held in class to review each info graphic, you may be asked for a brief presentation.

Minimum requirements for the info graphic (50 pts)

Your info-graphic should have clear titles, labels, and descriptions. Your info-graphic should have at least one chart Your info-graphic should display at least 4 statistical values including:

o At least one measure of center – mean or mediano At least one measure of dispersion – standard deviation or rangeo At least two other numerical values that relate to your topico The final block of your info graphic should include sources for your datao Consider a topic that is interesting to you and what message you would like to

convey about this topic!

Minimum requirements for the Word Document (40 pts)

Discuss why you chose your topic Discuss how/where you collected your data Discuss how statistics helped you learn about the topic Discuss what you have learned from this project Note: Discuss means more than just a sentence or website address!

Participation in presentation/in-class activity (10 points)

Math Measurement and Literacy Info-Graph Project

REQUIREMENTS: Describe how you collected your data (internet source, newspaper, magazine etc).

Describe the motivation for your choice in the data. Basically, introduce your topic! Compute your Descriptive Statistics

o Mean, Median, Mode, Midrangeo Standard Deviation, Range

Make a Piktochart with all the information at www.piktochart.com. You can sign up for a free account.

o Examples can been seen at http://graphics8.nytimes.com/images/blogs/learning/pdf/2014/DavidsonStudentExamples.pdf

Using all the statistics, summarize your findings. Identify how the statistics could be used to analysis something about your topic.

RUBRIC: Introduction and Summary - 20 points Measures of Center - 20 points Measures of Dispersion - 20 points Piktochart - 40 points

Quantitative Journal Analysis

Select three articles from those posted in Moodle to quantitatively analyze. Each analysis should be approximately 1-2 pages and submitted as one Word document in Moodle by the

posted due date.

Rubric

1. Document is submitted on time in Moodle and contains analysis of 3 journal articles. Document has a cover page with course title and section number, your name, and date. Each analysis has a title that clearly indicates which article is used. 10 pts

2. Each analysis contains a brief synopsis of the article. What is the main argument in the article? Describe the types of people or groups that the article affects. Etc. 15 pts

3. Each analysis contains a discussion of the quantities used in the article. How are numbers used to support or refute the main argument? Are the numbers clearly explained? Are there any inaccuracies? What types of quantities are used? Etc. 30 pts

4. Each analysis contains a discussion of the graphs/charts used in the article. How does the graph support or refute the main argument? Is there anything misleading about the graph? What data is the graph showing? Etc. 30 pts

5. Each analysis contains a conclusion. What assumptions are made in the article? What is something that stood out to you about the article? Etc. 15 pts

Alternatives:

Have individual students analyze one article as a lab assignment

Group Lab – give each group a different article using the above guidelines - have each group present their article and analysis to the class

MAT 143 8.7 Lab – MortgagesName:__________________

1. Write a short paragraph on how mortgage payments are applied. 15 pts

2. Change the interest rate from 7% to 6% (using a purchase price of $250,000 and a 20% down payment). Citing specific numerical values, discuss how the change in the interest rate affects the total cost of the mortgage. 10 pts

3. Using a 7% interest rate, change the length of the loan to 15 years (using a purchase price of $250,000 and a 20% down payment). Citing specific numerical values, discuss how the change in the term affects the total cost of the mortgage. 10 pts

4. Using a 7% interest rate and a 30 year term, increase your monthly payment by $100 (using a purchase price of $250,000 and a 20% down payment). Citing specific numerical values discuss how the change in payment affects the loan. 10 pts

5. Using a 7% interest rate, a 30 year term, a purchase price of $250,000 and a 20% down payment, determine what would happen if you were able to pay an extra $1,000 in month 12? 10 pts

-In months 12 and 24?-In months 12, 24, and 36?

6. Discuss what you learned from this lab. 30 pts

7. Submit your Excel spreadsheet in Moodle. 10 pts

Olympic Regression Lab

DESCRIPTION: Measurements of human performance over time can be strongly linear. Find a linear equation for an Olympic event. You will need to find ten consecutive Olympic Games with the event of interest. It can be the Summer or Winter Games. Record the results for the medal winners.

REQUIREMENTS: The student must complete each of the following.

Numerical Model: Find at least ten Olympic Games and the winning times for the medals in the event for your choice.

Graphical Model: On graph paper label the independent and dependent axes, plot the points. Look for patterns, clearly label the points and determine the line of best fit by using the scatter plot and a straight edge. State what your line of best fit is predicting. Justify your reasons for your prediction line.

Algebraic Model: Interpret the slope and y-intercept. Find the equation for the line of best-fit. Compare this equation to your prediction line using the graph.

Predictions: Use both lines to predict the most recent Olympic Game. How accurate were your equations to the actual data? How valid would your equation be in 20 years?

GRADING RUBRIC: The following is the breakdown for points for grading purposes.

Numerical Date : 25 points Graphical Model: 25 points Algebraic Model: 25 points Predictions: 25 points

Money Duck

Names:______________________________

1. Money Duck claims that each bar contains a $1, $5, $10, $20, or even a $50 bill. Considering false advertisement, which if the following probability distributions is possible? Why or why not? 20 pts

2. Find the expected value of money duck given each of the probabilities below. 40 pts

3. Using the same probabilities from above, find the expected value of money duck given that the cost is $15.00 (including shipping and handling). 40 pts

-Adapted from http://101qsmedia.s3.amazonaws.com/others/_2450_moneyduckhandout.pdf

Compound Interest Activity

Directions: Complete the following activity in your group. Make sure to justify all your results for full credit. This lab is from the Dan Meyer’s Three-Act Math Tasks.

PART ONE: Watch the Act One video clip from the show Futurama. Make sure to write down all the important information stated in the clip. http://threeacts.mrmeyer.com/frysbank/

1. Each group member should pick a different compounding period. ( 5 points)

2. Each group member will calculate the present value of Fry’s bank account. (10 points)

3. Compare results within your group. Watch the Act Three video and decide which compounding period was used. Justify your answer. (15 points)

PART TWO: Complete the following problems using the compound interest period agreed to in part one.

4. When did Fry double his bank account from the beginning deposit? (10 points)

5. How long will it take the current balance to double? (10 points)

6. When did Fry triple his bank account from the beginning deposit? (10 points)

7. How long will it take the current balance to triple? (10 points)

PART THREE: Complete the following problems. Make sure you justify your results. Use the link for State Employee’s Credit Union in NC to answer the following questions.https://www.ncsecu.org/

8. Using the current Money Market Rate, find out how much Fry’s initial deposit would earn in 1,000 years? (10 points)

9. How long would it take his initial deposit to double in value? (10 points)

10. Compare the time in question 9 to the time in question 4. Why is there a difference? (10 points)