Standard(s):
[MA2015] AL2 (9-12) 38 : 38 ) (+) Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the end of a game). [S-MD7]
[MA2015] ALT (9-12) 42 : 42 ) (+) Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the end of a game). [S-MD7]
[MA2015] PRE (9-12) 54 : 54 ) (+) Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values. [S-MD5]
a. Find the expected payoff for a game of chance. [S-MD5a]
Examples: Find the expected winnings from a state lottery ticket or a game at a fast-food restaurant.
b. Evaluate and compare strategies on the basis of expected values. [S-MD5b]
Example: Compare a high-deductible versus a low-deductible automobile insurance policy using various, but reasonable, chances of having a minor or a major accident.
[MA2015] GEO (9-12) 43 : 43 ) (+) Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the end of a game). [S-MD7] (Alabama)
Example:
What is the probability of tossing a penny and having it land in the non-shaded region'
Geometric Probability is the Non-Shaded Area divided by the Total Area.