Curated and Reviewed by
Lesson Planet
This Using Expected Values to Compare Strategies lesson plan also includes:
Discover how mathematics can be useful in comparing strategies. Scholars develop probability distributions for situations and calculate expected value. They use their results to identify the best strategy for the situation.
8 Views
6 Downloads
CCSS:
Designed
Concepts
Additional Tags
Instructional Ideas
- Use the problem set worksheet as homework
Classroom Considerations
- Pupils need to have experience with expected payoffs from previous lessons
- Individuals need to understand terminology related to economics, such as profit and overhead costs
- The 16th installment of a 21-part module
Pros
- Teacher guide has pacing guide to follow
- Includes differentiation tips for all levels of learners
Cons
- None