S-MD.B. Use probability to evaluate outcomes of decisions

S-MD.B.5. Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values.

• Fred's Fun Factory
• Sounds Really Good! (sort of...)

S-MD.B.5.a. Find the expected payoff for a game of chance. For example, find the expected winnings from a state lottery ticket or a game at a fast-food restaurant.

• No tasks yet illustrate this standard.

S-MD.B.5.b. Evaluate and compare strategies on the basis of expected values. For example, compare a high-deductible versus a low-deductible automobile insurance policy using various, but reasonable, chances of having a minor or a major accident.

• No tasks yet illustrate this standard.

S-MD.B.6. Use probabilities to make fair decisions (e.g., drawing by lots, using a random number generator).

• No tasks yet illustrate this standard.

S-MD.B.7. Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the end of a game).

• But mango is my favorite…
• Fred's Fun Factory