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.

      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.