Expected Value: Win a Dollar

This Expected Value: Win a Dollar interactive also includes:

Spin a wheel, land on a color ... and win. Learners create a graph to display the probabilities of the amount of money they can win by spinning a colored wheel. The pupils use the dollar amounts and their probabilities to calculate the expected value for that distribution.

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CCSS: Adaptable
Instructional Ideas

  • Have class members see if there is a relationship between the grids covered by the graph and the expected value
Classroom Considerations

  • The class should understand expected value
  • Requires signing up for a free CK-12 account to access the interactive
Pros

  • Includes hints for the calculations users need to complete
  • Learners can see the correct answer if they select the wrong one
Cons

  • None