Browsing Finance, Operations, and Information Systems by Title
Now showing items 22-23 of 23
To repeat or not to repeat a courseThe difficult transition from high school to university means that many students need to repeat (retake) one or more of their university courses. This paper examines the performance of students who were repeating first-year core courses in an undergraduate business program. It used data from university records for 116 students who took a total of 232 repeated courses across 6 subjects. The results show that the student’s original course grade and cumulative grade point average were positively associated with the new grade obtained in the repeated course. Conversely, the original course grade was negatively associated with the extent of improvement obtained by repeating.
A verification study of the stochastic salvo combat modelWhen the stochastic version of the salvo combat model was designed, several assumptions and approximations were made to keep its mathematical structure relatively simple. This paper examines the impact of those simplifications by comparing the outputs of the stochastic model to those from a Monte Carlo simulation across 486 scenarios. The model generally performed very well, even where the battle size was relatively small or the damage inflicted by each missile was not normally distributed. The model’s accuracy did decrease where missiles were positively correlated instead of independent.