STAGE 2 MATHEMATICS PATHWAYS FOLIO TASK Transition Matrices - Limitations of Matrix Models Topic: Matrices Subtopics from the Stage 2 Mathematical Applications Subject Outline: 4.3 – Transition Matrices A completed investigation should include: an introduction that outlines the problem to be explored, including it significance, its features, and the context the method required to find a solution, in terms of the mathematical model or strategy to be used the appropriate application of the mathematical model or strategy, including - the generation or collection of relevant data and/or information, with details of the process of collection - mathematical calculations and results, and appropriate representations - the analysis and interpretation of results - reference to the limitations of the original problem a statement of the results and conclusions in the context of the original problem appendices and a bibliography, as appropriate. Learning Requirements 1. 2. 3. 4. 5. 6. Assessment Design Criteria Capabilities Demonstrate an understanding of mathematical concepts and relationships. Mathematical Knowledge and Skills and Their Application Communication Identify, collect, and organise mathematical information relevant to investigating and finding solutions to questions/problems. MKSA1 Knowledge of content and understanding of mathematical concepts and relationships. MKSA2 Use of mathematical algorithms and techniques (implemented electronically where appropriate) to find solutions to routine and complex questions. Recognise and apply the mathematical techniques needed when analysing and finding a solution to a question/problem in context. Make informed use of electronic technology to aid and enhance understanding. Interpret results, draw conclusions, and reflect on the reasonableness of these in the context of the question/problem. Communicate mathematical ideas and reasoning using appropriate language and representations. The specific features are as follows: Citizenship Personal Development Work Learning MKSA3 Application of knowledge and skills to answer questions in applied contexts. Mathematical Modelling and Problem-solving The specific features are as follows: MMP1 Application of mathematical models. MMP2 Development of mathematical results for problems set in applied contexts. MMP3 Interpretation of the mathematical results in the context of the problem. MMP4 Understanding of the reasonableness and possible limitations of the interpreted results, and recognition of assumptions made. Communication of Mathematical Information The specific features are as follows: Page 1 of 3 CMI1 Communication of mathematical ideas and reasoning to develop logical arguments. CMI2 Use of appropriate mathematical notation, representations, and terminology. Stage 2 Mathematics Pathways Matrices task Ref: A203780 (revised February 2016) © SACE Board of South Australia 2010 PERFORMANCE STANDARDS FOR STAGE 2 MATHEMATICS PATHWAYS Mathematical Knowledge and Skills and Their Application A Comprehensive knowledge of content and understanding of concepts and relationships. Development and effective application of mathematical models. Appropriate selection and use of mathematical algorithms and techniques (implemented electronically where appropriate) to find efficient solutions to complex questions. Complete, concise, and accurate solutions to mathematical problems set in applied contexts. Highly effective and accurate application of knowledge and skills to answer questions set in applied contexts. B Use of mathematical algorithms and techniques (implemented electronically where appropriate) to find some correct solutions to complex questions. Mostly accurate and complete solutions to mathematical problems set in applied contexts. Generally competent knowledge of content and understanding of concepts and relationships. Generally accurate application of knowledge and skills to answer questions set in applied contexts. Complete interpretation of the mathematical results in the context of the problem. Some depth of understanding of the reasonableness and possible limitations of the interpreted results, and recognition of assumptions made. Appropriate application of mathematical models. Some accurate and generally complete solutions to mathematical problems set in applied contexts. Generally appropriate interpretation of the mathematical results in the context of the problem. Some understanding of the reasonableness and possible limitations of the interpreted results, and some recognition of assumptions made. Basic knowledge of content and some understanding of concepts and relationships. Application of a mathematical model, with partial effectiveness. Some use of mathematical algorithms and techniques (implemented electronically where appropriate) to find some correct solutions to routine questions. Partly accurate and generally incomplete solutions to mathematical problems set in applied contexts. Sometimes accurate application of knowledge and skills to answer questions set in applied contexts. E In-depth understanding of the reasonableness and possible limitations of the interpreted results, and recognition of assumptions made. Attempted development and appropriate application of mathematical models. Use of mathematical algorithms and techniques (implemented electronically where appropriate) to find mostly correct solutions to routine questions. D Concise interpretation of the mathematical results in the context of the problem. Some depth of knowledge of content and understanding of concepts and relationships. Accurate application of knowledge and skills to answer questions set in applied contexts. C Mathematical Modelling and Problemsolving Limited knowledge of content. Attempted use of mathematical algorithms and techniques (implemented electronically where appropriate) to find limited correct solutions to routine questions. Attempted application of knowledge and skills to answer questions set in applied contexts, with limited effectiveness. Page 2 of 3 Attempted interpretation of the mathematical results in the context of the problem. Some awareness of the reasonableness and possible limitations of the interpreted results. Attempted application of a basic mathematical model. Limited accuracy in solutions to one or more mathematical problems set in applied contexts. Limited attempt at interpretation of the mathematical results in the context of the problem. Limited awareness of the reasonableness and possible limitations of the results. Communication of Mathematical Information Highly effective communication of mathematical ideas and reasoning to develop logical arguments. Proficient and accurate use of appropriate notation, representations, and terminology. Effective communication of mathematical ideas and reasoning to develop mostly logical arguments. Mostly accurate use of appropriate notation, representations, and terminology. Appropriate communication of mathematical ideas and reasoning to develop some logical arguments. Use of generally appropriate notation, representations, and terminology, with some inaccuracies. Some appropriate communication of mathematical ideas and reasoning. Some attempt to use appropriate notation, representations, and terminology, with occasional accuracy. Attempted communication of emerging mathematical ideas and reasoning. Limited attempt to use appropriate notation, representations, or terminology, and with limited accuracy. Stage 2 Mathematics Pathways Matrices task Ref: A203780 (revised February 2016) © SACE Board of South Australia 2010 STAGE 2 MATHEMATICS PATHWAYS FOLIO TASK Transition Matrices - Limitations of Matrix Models Introduction There are currently 2 similar fruit and vegetable shops in one area – shop A and shop B. The current local area market share of shop A is X%. A survey of customers carrying out their weekly grocery shopping at each shop revealed that 76% of customers buying their weekly groceries at shop A intended to do their grocery shopping at shop A the following week, and 61% of customers buying their weekly groceries at shop B intended to do their weekly grocery shopping at shop B the following week. Mathematical Investigations Using matrix methods investigate: the market share trends in the long run, if conditions remain the same the impact on the long term trends of varying the initial market share for the two shops the effect of one of the shops mounting a strong advertising campaign. A third cheaper shop (shop C) enters the market a few months later, and achieves an initial market share of no more than 15%. A new survey reveals the following trends: - 12% of shop A customers will shop at shop B the following week 36% of shop A customers will shop at shop C the following week 40% of shop B customers will shop at shop B the following week 44% of shop B customers will shop at shop C the following week 14% of shop C customers will shop at shop A the following week 7% of shop C customers will shop at shop B the following week. Using matrix methods consider: the initial market share of the three shops, providing reasons for the values in the initial matrix the market trends after different periods of time (weeks) the impact on the long-term market share of each shop if the survey results were significantly different the effect of changes to the scenario, e.g. one shop extending trading hours to encourage customers to change shopping habits. You should investigate at least two changes to the scenario, and therefore variations to the transition matrix. Analysis/Discussion Critically analyse your results, considering: the information your calculations have provided possible implications of the investigation. Conclusion: The conclusions should include a summary of results, comments on the appropriateness of the model used and any assumptions and limitations of the investigation. Notes to teacher: The subject outline requires matrices that are 3×3 systems or higher, and therefore it is important that the majority of the calculations use matrices that fit this requirement. The 2×2 transition matrix used in the initial investigations is only considered routine; however for the purpose of the initial investigations it is appropriate. Teachers may consider adding visual aids to the task to assist students who need support in accessing the requirements of the task. Page 3 of 3 Stage 2 Mathematics Pathways Matrices task Ref: A203780 (revised February 2016) © SACE Board of South Australia 2010