Odds and Long-Term Behavior
Section 9.4
| Activity Name | Activity Description |
|---|---|
| Racing Game with One Die | Students set conditions of probability and payoff for a virtual auto race based on the rolling of a die. Students can then use the applet to observe individual races or to accumulate experimental probability statistics from multiple races. |
| Racing Game with Two Dice | Students use an outcome table to set conditions for a virtual race based on the rolling of two dice. Students can then use the applet to observe individual races or to determine the results from a set of races. |
| Stock Exchange | Students input winning probabilities and payoffs for two 'players', and can simulate a number of random payoff games. The applet compiles statistics on total and average payoff from the cumulative games. The applet also verifies student guesses as to the expected value of each system. |
