By demonstrating an understanding of probability, students show they have basic knowledge that will help them in making many life decisions. Assessment can be both challenging and fun. Collect Give students application problems that involve probability. Have them complete these problems independently, then work in small groups to compare their answers and resolve any differences. Have students work in small groups to research games of chance from around the world.
Students can calculate the odds of winning the various prizes.
Ask students to present their findings in class. Take advantage of opportunities such as local fundraisers to have students apply what they know about probability to find the odds of winning. Check students' work and provide feedback. Alternatively, have students design games of chance that could be used as fundraisers. Students could identify important considerations in conducting fundraisers such as determining ticket prices, establishing prizes, guaranteeing a profit, and making the event appealing.