Khan Academy
Khan Academy: Discrete Random Variables: Expected Value
Compute the expected value given a set of outcomes, probabilities, and payoffs. Students receive immediate feedback and have the opportunity to try questions repeatedly or receive hints.
Texas Instruments
Texas Instruments: Probability: Pairs of Events and Expected Values
This set of questions pertains to probability: pairs of events, mutually exclusive events, complementary events, expected values, independent events, and conditional probability. Solutions and explanations are included.
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.
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...
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...
Other
Hsor.org: Modules: Making a Decision With Impact
This module is mainly about construction of a probability decision tree and calculation of expected values.
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...
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.
Other
Teach Me Finance: Finance Tutorials
Are you looking to learn basic financial concepts? Teach Me Finance offers easy-to-use tutorials that introduce learner's to financial literacy.