Lesson Plan

Games of Chance and Expected Value 2

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Use expected values to analyze games of chance. The 15th installment of a 21-part module has young mathematicians looking at different games involving tickets and deciding which would be the best to play. They calculate expected payoffs to make this decision.

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CCSS: Designed
Additional Tags
Instructional Ideas
  • Use visuals to help illustrate the contexts
Classroom Considerations
  • Lesson expands on the examples from the previous lesson
  • Individuals need to be able to calculate expected payoff
Pros
  • Situations involve a variety of contexts
  • Includes set of printable worksheets for all parts of the lesson
Cons
  • None
Common Core