Description
This 7-question worksheet asks students to find expected values and discuss it in the context of the problem. There are questions about dice, insurance policies, cards, and manufacturing plans. Students must also think about cost versus profit when determining expected value.
I use this worksheet alternatively as a homework and as a quiz in my Probability and Statistics class.
If you would like to purchase this resource with the answer key attached, see:
Expected Value Worksheet
Highlights
Description
This 7-question worksheet asks students to find expected values and discuss it in the context of the problem. There are questions about dice, insurance policies, cards, and manufacturing plans. Students must also think about cost versus profit when determining expected value.
I use this worksheet alternatively as a homework and as a quiz in my Probability and Statistics class.
If you would like to purchase this resource with the answer key attached, see:
