Use probability to evaluate outcomes of decisions.
Using Probability to Make Decisions
Resources cannot be aligned to this standard, browse sub-standards to find lessons.
Analyze decisions and strategies using probability concepts, e.g., product testing, medical testing, pulling a hockey goalie at the end of a game.
Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values.
Use probabilities to make fair decisions, e.g., drawing by lots, using a random number generator.