Google
Probability Project: Design Your Own Game
Designing a game is the focus of this probability lesson. Groups develop and build a unique game, including directions for how to play, a calculation of the expected value of winning, and a personal reflection. The plan provides a...
Curated OER
Changing It Up
How should a cashier stock a cash register with coins? Learners use mathematical modeling and expected value to determine how many rolls of coins of each type they should place in a cash register.
101 Questions
Bet Your Coffee
Coffee drinkers, rejoice, here's a chance to win free coffee! Coffee club card holders have the chance to win free coffee every day for a year—but they must enter using their cards good for a free cup. Scholars weigh the chances of...
Curated OER
Flipping for a Grade
What happens when your teachers get tired of grading tests and want to use games of chance to determine your grade? How would you decide which game they should play? Learn how to use expected value and standard notation to compare two...
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 activity, 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
Columbia University
Columbia University: Expected Value Pdf
A PDF explaining and giving examples to show how the expected value of a random variable indicates its weighted average.
Texas Instruments
Texas Instruments: Numb3 Rs: Not So Great Expectations
Based off of the hit television show NUMB3RS, this lesson exposes students to the concept of expected values (or expected outcomes). The method for computing the expectation is explained, and then many examples are given for students to...
Stefan Warner and Steven R. Costenoble
Finite Mathematics & Applied Calculus: Zero Sum Games and Mixed Strategies
Students examine game theory. Topics include zero-sum games, mixed strategies, and expected value. The tutorial consists of class notes, examples, and practice problems. Review exercises and a chapter quiz are included.
Stefan Warner and Steven R. Costenoble
Finite Mathematics & Applied Calculus: Measures of Central Tendency
Students learn about measures of central tendency. Topics explored are mean, median, mode, and expected value. The tutorial investigates the statistics concepts through class notes and examples. Review exercises and a chapter quiz are...
Sophia Learning
Sophia: Introduction to Probability
Introduction to Probability is a resource that provides assessment and teacher tutorials that focus on mathematic concepts such as probability, outcomes, events, probability distribution, laws, values and odd.
Illustrative Mathematics
Illustrative Mathematics: S Md Fred's Fun Factory
A famous arcade in a seaside resort town consists of many different games of skill and chance. In order to play a popular "spinning wheel" game at Fred's Fun Factory Arcade, a player is required to pay a small, fixed amount of 25 cents...
Illustrative Mathematics
Illustrative Mathematics: S Md.2, 5 Sounds Really Good! (Sort Of)
A friend of yours, Phil, writes to you asking about a new scratch-off lottery game. It costs $10 to play this game. There are two outcomes for the game (win, lose) and the probability that a player wins a game is 60%. A win results in...
Shodor Education Foundation
Shodor Interactivate: Stock Exchange Game
In this game, two players compete in a stock exchange, working with the concepts of theorertical and experimental probabilities and expected value. They must enter the probability and payoff of winning a single game, then observe the...
Illustrative Mathematics
Illustrative Mathematics: Hss md.a.2
Three activities asking students to calculate the expected value of a random variable and interpret it as the mean of the probability distribution. Tasks include Bob's Bagel Shop, Fred's Fun Factory, and Sounds Really Good! (sort of).
University of Glasgow
Steps Statistics Glossary: Expected Value
Site defines statistical expected value as the population mean and discusses it's usefulness as a summary value of a variable's distribution. The formula for calculating expected value is provided, as is an example.
Stefan Warner and Steven R. Costenoble
Finite Mathematics & Applied Calculus: Histogram and Probability Distribution Generator
The learning tool displays data in the form of a histogram. The tool also shows descriptive statistics and probability distributions. Examples of data are included.
Interactive Mathematics
Interactive Mathematics: Probability Distribution
The concept of random variables is the focus of this lesson, including definitions of discrete and continuous random variables. Discussions on discrete probability distribution and density function are included, along with expected value...
University of Glasgow
Steps Statistics Glossary: Sample Mean
The definition of a sample mean is provided along with the symbol commonly used for it and an example to show the formula in action. A link to "expected value" - a related topic - is provided.