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This Games of Chance and Expected Value 2 lesson plan also includes:
Use expected values to analyze games of chance. The 15th installment of a 21-part module has young mathematicians looking at different games involving tickets and deciding which would be the best to play. They calculate expected payoffs to make this decision.
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CCSS:
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Instructional Ideas
- Use visuals to help illustrate the contexts
Classroom Considerations
- Lesson expands on the examples from the previous lesson
- Individuals need to be able to calculate expected payoff
Pros
- Situations involve a variety of contexts
- Includes set of printable worksheets for all parts of the lesson
Cons
- None