A fun activity for your statistics class: One group of students comes up with a stochastic model for a decision process and simulates fake data from this model; another group of students takes this simulated dataset and tries to learn about the underlying process.

Benjamin Jarvis writes: I’m (re-)developing a course about discrete choice analysis, and I would like to build on data examples you use in your book with Jennifer Hill. In particular, I would like to include lessons about the conditional logistic regression model, aka McFadden’s multinomial logit. I was hoping students could extend the Bangladesh well-switching …