Curated Video
Problem solving with algebraic ratios
Pupil outcome: I can use my knowledge of ratio to solve problems. Key learning points: - It is important to preserve the relationship between the parts of a ratio. - There is a functional relationship between the quantities in a ratio. -...
Curated Video
How to Create and Use Probability Models | 7.SP.C.7 | Grade 7 Math 💚
In this math video lesson we will learn about probability models. We will define probability models as a mathematical description listing all possible outcomes of an event and their corresponding probabilities. We will understand that a...
The Business Professor
Level of Certainty in Management Decision Making
What is the Level of Certainty in Management Decision Making? Decisions are made under the condition of certainty when the manager has perfect knowledge of all the information needed to make a decision. This condition is ideal for...
The Business Professor
Perception and the Types of Risk in a Negotiation
This Video Explains Perception and the Types of Risk in a Negotiation
The Business Professor
Regret Theory
What is the Regret Theory? In decision theory, on making decisions under uncertainty—should information about the best course of action arrive after taking a fixed decision—the human emotional response of regret is often experienced, and...
The Business Professor
Prospect Theory
What is Prospect Theory? The prospect theory says that investors value gains and losses differently, placing more weight on perceived gains versus perceived losses.
The Business Professor
Winterling Crisis Matrix
What is the Winterling Crisis Matrix? What is the Winterling Crisis Matrix? The Interlink Crisis Matrix, or simply crisis matrix, designed by Klaus Winterling, is an analytical tool that categorizes risk along two parameters: Probability...
The Business Professor
First Chicago Method - Business Valuation
What is the First Chicago Method of Business Valuation? The First Chicago Method is a valuation technique used to determine the financial worth of an investment or company by considering projected future cash flows and discounting them...
The Business Professor
Approaches to Management Decision Making
What are the Approaches to Management Decision Making? Rational decision-making model, Bounded rationality decision-making model, Intuitive decision-making model, and. Creative decision-making model.
Seven Dimensions
Expert Evidence: Case Studies Part 8
In the first example, the expert, Dr Jodie Witkowski, makes the statement that suggests uncertainty about her material. No eye contact to the judge. The second example, the expert clearly and carefully articulates her information in an...
Curated Video
Hope: The Power to Achieve Your Dreams
In this video, Dante the Dragonfly visits the show "Human Nature" to talk about the importance of hope. Through the story of Dharma, a young musician, Dante explains how hope gives us confidence and strength to pursue our goals, even...
Curated Video
What are Risks and Issues?.. in 60 seconds
A quick bite-sized introduction to Risks and Issues in 60 seconds
Curated Video
What is a Black Swan?
The Black Swan is a book about risk, by polymath, Nassim Nicolas Taleb. Black Swans risks that meet 3 criteria 1. Outlier - not expected from previous experience 2. Extreme impact 3. Explainable after the fact You can think of a black...
Curated Video
What is Failure Mode and Effects Analysis - FMEA? PM in Under 5
Failure Mode and Effects Analysis (or FMEA) is a powerful methodology that comes from the domain of manufacturing and the toolset of Six Sigma. But it is also a valuable addition to any Project Manager's toolset. So, what is Failure Mode...
Curated Video
Risk Management for Cyber Security Managers - Risk Avoidance
This is the second way we can respond to a certain kind of risk and learn how to avoid risks at all costs.
Curated Video
Is Earth's Largest Heat Transfer Really Shutting Down?
With unprecedented heat waves and record-breaking global temperatures, it’s hard to believe that there might be a place on earth that has actually COOLED since the industrial revolution.
Veritasium
The Most Controversial Problem in Philosophy
The video presents the famous "Sleeping Beauty Problem," a philosophical puzzle involving probability and consciousness. In the scenario, Sleeping Beauty is put to sleep, and a fair coin is flipped. If heads, she wakes up once; if tails,...
Curated Video
Entropy is not what you think!
We explore the fundamental nature of entropy and its deep link to information. If you were taught that entropy measured disorder, you are in for a treat! Chapters: 00:00 Intro 00:10 Macro- and Microstates 02:06 Entropy is Not a Property...
Science ABC
Boltzmann Brain Paradox Explained in Simple Words
A Boltzmann brain is not real, but what’s fascinating about it is that it thinks it’s real, and all the memories and experiences it has are real. But, of course, this brain is not real. But how would such a brain know that its...
Science ABC
What is the Heisenberg Uncertainty Principle: Explained in Simple Words
Heisenbergs uncertainty principle says that if we know everything about where a particle is located, we know nothing about its momentum. Conversely, if we know everything about its momentum, then we know nothing about where the particle...
Curated Video
Chaos By Mistake
How a small error in accuracy in the 19th century led to the prediction the Universe would one day fall apart – and the development of chaos theory. How small changes in dynamic systems can lead to much greater, unpredictable events....
Curated Video
Freak Waves
Why scientists dispelled rumours of extreme waves at sea, based on flawed mathematics. Maths - Statistics And Probability A Twig Math Film. Reinforce and extend the learning required by the curriculum. Twig’s context films show abstract...
Curated Video
Histograms: Snapshot
The use of histograms in digital photography to get the best picture. And how photographers account for the fact that histograms represent frequency density by area, not height. Maths - Statistics And Probability A Twig Math Film....
Curated Video
Percentages: Feeding the Nutcracker
See the preparations the tiny Clark's Nutcracker makes for winter. Alongside its incredible memory, this bird must play the percentage game to survive. Maths - Number A Twig Math Film. Reinforce and extend the learning required by the...