Curated OER
Expected Value
Students discuss what expected value is, they are introduced to the concept of varyting payoffs. Students use a computer simulation of a "real world" example where expected value is used.
Curated OER
Math Applications
In this math applications worksheet, students solve one word problem that has two parts to it. First, they determine the expected value of a ticket for a prize. Then, student determine the fair price for the ticket purchased and explain...
Curated OER
Math Applications 2
In this probability worksheet, students solve 1 word problem with three different parts to it. First, they find the probability of drawing an ace from a deck of cards. Then, students determine the probability that they will draw an ace...
Curated OER
Math Applications 13
In this probability worksheet, students solve 2 different problems that include 7 parts in the first one and 2 parts in the second. First, they find the probability that one marble selected at random from a jar will be yellow or green....
Curated OER
Expected Value
Students explore expected value, are introduced to the concept of varying payoffs, and have used a computer simulation of a "real world" example where expected value is used