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These resources have been reviewed and selected by STEM Learning’s team of education specialists for factual accuracy and relevance to teaching STEM subjects in UK schools.

Modelling the Market: Part One

From the Integrating Mathematical Problem Solving project by Mathematics in Education and Industry (MEI), this activity shows that it is not possible to be certain what the market will do next. The mathematical ideas covered are:
• Time series
• Percentage change
• Random walks
• Geometric mean
• Normal distribution and mean
• Relationship between standard deviation and variance
• Stochastic modelling contrasted with deterministic modelling

Please note that some of the files in this resource require use of Geogebra software.

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