Template 1
Math III · S-MD.7
Analyze decisions and strategies using probability concepts in more complex settings.
Analyze decisions and strategies using probability concepts in more complex settings.
Concept
Statistics and Probability
Domain
Using Probability to Make Decisions
Problem Types
Problem Templates In This Objective
10 problem types are attached to this objective. The full web app handles practice, answers, hints, and walkthroughs.
Template 2
Choose between options using expected value
Template 3
Find the net expected value by weighting outcomes and then including a fixed cost
Template 4
Compare expected value and defined downside-risk metrics
Template 5
Compare simulated strategies on return, downside, and reliability
Template 6
Compare insurance expected cost separately from risk protection
Template 7
Update a state probability after new information
Template 8
Interpret false positives with base rates
Template 9
Use conditional probabilities in an expected-value decision
Template 10