Education
Awakened by Questions: The Socratic Method
The Socratic Method is a way of teaching through repeated questions so learners find gaps in their own thinking and reach conclusions themselves. This piece covers its origins in S
Articles to explore
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796 articles found
Information technology
How to Integrate and Develop with APIs
What an API (application programming interface) is, how Korean services such as Naver, Kakao, and the Public Data Portal use APIs, how to get an API key and connect to an API, and
Statistics
Methods for Managing Data Variability Using Standard Deviation
Standard deviation plays an important role in describing data variability and is an essential concept used in a wide range of practical situations. In data analysis and decision-ma
Statistics
Collecting Chance to Find the Answer: The Monte Carlo Method
The Monte Carlo method estimates an answer by repeating a huge number of random trials and averaging the results. We look at how it was born, how it works in four steps, easy examp
Business administration
Marketing Strategy in Business Administration - 3C, SWOT, STP, and the 4Ps (Marketing Mix)
A step-by-step look at the marketing strategies used by companies and organizations: 3C analysis of the environment, SWOT analysis, the STP strategy, and the 4Ps of the marketing m
Statistics
When to Stop and Choose: The Secretary Problem
The secretary problem asks how to maximize the chance of picking the very best candidate when you must decide on each one on the spot. This article explains its rules, why the answ
Business administration
Mastering the Break-Even Point (BEP): A Core Concept in Business Administration
When starting a business or launching a new business project, the metric many people fixate on first is revenue. Yet it is common to see companies and self-employed business owners
Social welfare
How Vouchers, Neither Cash nor Goods, Are Changing the World
Social welfare used to be simple. It consisted entirely of delivering goods (In-kind), such as rice or instant noodles, to neighbors facing financial hardship, or depositing a set
Tourism studies
An Analysis of the Importance and Effects of Tourism Development
Tourism is an important industry that provides individuals with new experiences and local communities with economic benefits and opportunities for cultural exchange. Tourism develo
Tourism studies
What Tourism Interpretation Knowledge Is Needed to Become a Cultural Tourism Interpreter?
Cultural tourism interpreters play an important role in helping people understand and enjoy tourist destinations and cultural heritage more deeply. By providing visitors with exten
Statistics
Why Your Friends Have More Friends Than You: The Friendship Paradox
The friendship paradox is the phenomenon in which most people's friends have, on average, more friends than they do. This article explains why it happens with a simple calculation,
Statistics
The Last One Is Always the Hardest: The Coupon Collector’s Problem
The coupon collector’s problem asks how many random draws it takes, on average, to collect every type at least once. Learn how the average is calculated, what the numbers look like