Tutoring statistics, you might imagine everyday situations. The tutor brings up one. Let’s imagine we have two mile runners. Runner 1, called R1, has mean time 4:45, with standard deviation 10s; R2 has mean time 5:00 with standard deviation 12s. …

Statistics: how often can something “better” be expected to perform better? Read more »

Tutoring financial math, spreadsheets might be used. The tutor shows how to find the monthly payment on a loan using Excel. In yesterday’s post I tell how to find the amount against the principal that a certain payment removes, using …

Spreadsheets: Excel: finding the monthly loan payment Read more »

Tutoring math, definitions are needed. The tutor shares the definition of amortization. Amortization schedules and amortization functions are commonly encountered in financial math. What does amortization mean? amortization: the separation of a loan payment into two amounts: the payment against …

Financial math: what does amortization mean? Read more »

Tutoring math, you realize that infinite series can be hard to visualize. The tutor offers perspective. An infinite series is a sum of terms that never end. An example is a repeating decimal, such as 0.2222222….., which means 0.2222222…. = …

Math: ideas about infinity: how an infinite series can have a finite sum Read more »