Description
In previous lessons, students analyzed and interpreted simple games of chance by calculating expected payoff. Further, they used expected payoff to compare strategies for such games. This lesson extends the use of expected value to comparing strategies in a variety of contexts.
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Credits
From EngageNY.org of the New York State Education Department. Precalculus and Advanced Topics Module 5, Topic C, Lesson 15.
Available from engageny.org/resource/precalculus-and-advanced-topics-module-5-topic-c-lesson-15; accessed 2015-05-29.
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