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Interactive

Expected Value: Win a Dollar

Curated and Reviewed by Lesson Planet
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.

3 Views 3 Downloads
CCSS: Adaptable
Concepts
expected value, probability, probability word problems, theoretical probability, probability experiments
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Additional Tags
math
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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