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S-MD.7 Warmup M2-073-A09-V02

Analyze decisions and strategies with probability concepts in applied settings.

Compute strategy expected values and choose under an explicit criterion

Problem

Calculate the reroll EV as \((1/6)(\$12)+(5/6)(-\$3)\), compare it with \(\$0\) for declining, and take the action with greater EV.

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Four variants of this problem type
Curriculum context
Course
Math II
Standard
S-MD.7
Category
Statistics and Probability
Domain
Using Probability to Make Decisions
Objective
Analyze decisions and strategies with probability concepts in applied settings.
Problem type
Compute strategy expected values and choose under an explicit criterion