standard_description: Decide if a specified model is consistent with results from a given data-generating process, e.g., using simulation. For example, a model says a spinning coin falls heads up with probability 0.5. Would a result of 5 tails in a row cause you to question the model?
problem_activity: Problem 1
Act 1: Look at the following image -
[IMG]
Then watch the video
Piggy Bank
.
a.   What do you notice? What do you wonder?
b.   Is there enough money to purchase the paint set? Make an estimate for how much money is in the piggy bank.
Problem 2
Act 2: Use the following information to determine whether there is enough money in the piggy bank to buy the paint set –
There are 70 nickels in the piggy bank.
There are 64 quarters in the piggy bank.
There are 105 dimes in the piggy bank.
There are 230 pennies in the piggy bank.
Problem 3
Act 3: See the solution below –
[IMG]
Was your answer reasonable? Why or why not?
Problem 4
Act 4 (the sequel): If she buys the paint set, how much money will she have left over?


aligns: no