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.
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: Random Variables and Probability Distributions
This section of the Statistics Glossary offers definitions of terms having to do with random variables and probability distributions such as expected value and normal distribution.
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...
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...
University of Glasgow
Steps Statistics Glossary: Normal Distribution
Overview of normal distribution, including the normal distribution model, the probability density function, and standard normal distribution. The parameters for "normal" distribution are provided.
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.