Week 9

Monday

Bell Ringer

Find the probability distribution for the total showing when you roll 2, 3 sided dice.
 

Objectives

      • Define Discrete and Continuous random variables
      • Calculate the means and variances of random variables and learn the rules for adding and converting these variables.

Agenda

    1. Bell Ringer
    2. Work on 4.3 Exercises
    3. Probability Laws
    4. Odds vs Probability
    5. 4.4 reading
    6. Closure

       

Assignments:

 

Tuesday

Bell Ringer

    Finish 4.3 exercises

Objectives

    • Probability Laws

Agenda

    1. Bell Ringer

      2. Here is the probability distribution for the Nebraska 2 by 2 Lottery

        Get Prize Odds
        2 Red + 2 White $20,000 105,625
        2 Red + 1 White $100 2,201
        1 Red + 2 White $100 2,201
        2 Red $3 383
        2 White $3 383
        1 Red + 1 White $3 46
        1 Red Free $1 Quick Pick Play 8
        1 White Free $1 Quick Pick Play 8

        Calculate the Mean payout and how much the lottery keeps from each $1 ticket sold.

       

    2. Read section 4.4
    3. Closure

       

Assignments:

Probability project

 

Wednesday

Bell Ringer

Find the mean and standard deviation for today's Powerball drawing

+
Grand Prize
1 in 146,107,962.00
$200,000
1 in 3,563,608.83
+
$10,000
1 in 584,431.85
$100
1 in 14,254.44
+
$100
1 in 11,927.18
$7
1 in 290.91
+
$7
1 in 745.45
+
$4
1 in 126.88
$3
1 in 68.96
The overall odds of winning a prize are 1 in 36.61.
The odds presented here are based on a $1 play (rounded to two decimal places).

 

Objectives

    • Apply probability rules to a real life situation

Agenda

    1. Bell Ringer
    2. Probability project
    3. Closure

Assignments:

 

Thursday

Bell Ringer

Finish the Probability project

Objectives

  • Apply probability rules to a real life situation
  • Draw a Venn diagram to represent a situation
  • Rules for non disjoint events

Agenda

  1. Bell Ringer
  2. Present your projects
  3. Closure

Assignments:

 

 

Friday

Bell Ringer

Present the Probability project

Objectives

  • Apply probability rules to a real life situation

Agenda

  1. Bell Ringer
  2. Present your projects
  3. Video 19 Confidence Intervals
  4. Closure

Assignments:

 

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