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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.
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Take A Chance Or Two
A two-part instructional activity immerses young statisticians in the concept of probability. On the first day, will conduct experiments with a two-colored coin and learn how to write probabilities as fractions, ratios, and percentages....
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Let's Flip a Coin
For this probability worksheet, learners use a TI graphing calculator to simulate flipping a coin and compare their results (experimental probability) to the expected results (theoretical probability). The five page worksheet...
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Economics and emissions
Eighth graders produce a manufactured good and monitor energy consumption. In this Math instructional activity, 8th graders practice their basic math and accounting skills. Students participate in a business simulation.
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Webquest - Westward Ho!
Students investigate life on the trail West. In this Oregon Trail lesson, students collaborate to research the pioneer life and then role play a family's life on the trail. Students author an essay regarding their research finding and...
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Budgeting-It Is For Everyone
Students complete a simulation designed to show them the importance of budgeting and avoiding living paycheck to paycheck.
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Traveling the USA
Students simulate the role of travel agents addressing the needs of a foreign family visiting a state in the US. They prepare a presentation and informational sales pitch of a proposed travel itinerary.
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The Battle of the Battlefields
Middle schoolers simulate the role of a presidential analysis group to research a location for a Revolutionary War museum. They conduct research, and write a summary of their findings to present to the President.
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The Chemical Nature of Water
Seventh graders simulate a Jeopardy game to examine the chemical nature of water. Among the topics featured are evaporation, water, salt, and temperature. finally, as review, 7th graders answer a battery of questions presented by the...
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Foods and Beverages
Learners practice ordering food in a new language. In this food vocabulary lesson, students utilize the information from their previous lesson to create entire conversations about going to get food, as opposed to just the...
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Payment Parliament
Learners investigate how the economy works by role playing in their class. In this money management lesson, students read parts from a script for use in a role playing lesson simulating the Federal Reserve and their payment...
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Playing the Stock Market
Young scholars analyze how the performance of a company affects its stock value resulting in profits or losses. They simulate buying stock and earning dividends.
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TRADERS' GAME
Young scholars play a game aimed at demonstrating how relationships with other communities or countries affect the food and fiber system. The game simulates the unequal distribution of natural resources which creates the need for...
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Basic Equivalencies
First graders manipulate coins to show equivalencies between pennies and dimes. Given specific values, 1st graders model the specified amounts by using pennies and dimes. Through use of a computer assisted trading coins, students...
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High School Mathematics Problems from Alaska: Tourist and Traveler Information
Students work with monetary exchange rates and the metric system as they simulate working to help tourists travel through Canada to Alaska.
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The Magic of Markets
Learners examine how exchange is trading goods and services with people for other goods and services or money. They examine how people voluntarily exchange goods and services because they expect to be better off after the exchange.
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Coin Drop
Students calculate the theoretical and empirical probability by dropping coins on a grid. They record their data and compare the theoretical and empirical data. Students make predictions about the results before conducting the experiment.
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Stock It To Me
Young scholars investigate the stock market using stock market tables, charts, and graphs. They participate in a simulation of stock market investment over time. They read about the history of Wall Street and the Stock Market.
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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
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Congratulations ! You're on a Parliamentary Committee
Tenth graders explain the expectations and evaluation criteria of this simulation of the committee process. They draft a bill / law to address an identified current problem or issue.
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Basic Trading
Pupils review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...
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Using Radioactive Decay To Determine Age
Students explore the process of carbon dating fossils to determine their age. They simulate radioactive decay using pennies in a shoe box. Heads represents a decayed atom each time they shake the box. They use the data to calculate the...
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VAROOOOOOMMMMMMMMMMMM!!!!!!!!!!!!!
Pupils simulate purchasing a car. They use various search engines on the Internet to research the car purchase. Students investigate types of cars, trade in value, insurance costs, interest rates and monthly costs.
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Gone Fishin'
Students explore fishing and the food web. They simulate the role of fisherman using candy as fish and use provided materials to create a fishing device. Afterward, they complete data tables to organize the day's catch and report the...