Conceptualizing Applied Probability through Project-based Learning

Several prominent educational institutions have recently increased their use of team-based projects to both enhance learning and aid in assessment. We present some of our ongoing research into the use of project-based learning for the instruction of applied probability and stochastic processes at the high school, undergraduate, and graduate levels. In particular, we will demonstrate how “real-world” multimedia modules may be integrated into the curriculum of existing educational programs to enhance learning. This includes the effective formation of teams, use of communication technologies, and the evaluation of various student reporting mechanisms. When implemented in a team-based setting, these modules have been shown to effectively aid students in conceptualizing key elements of probability and promote knowledge transfer beyond the presented contexts.