AQR (6): Expected Value and Payoff

Quiz
•
Mathematics
•
9th - 12th Grade
•
Medium
Standards-aligned
Kristin Usrey
Used 8+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Tags
CCSS.HSS.MD.A.2
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Tags
CCSS.HSS.MD.A.2
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Eva flips a coin. If she gets heads, she wins $4. If she gets tails, she loses $3. What is her expected value of a coin flip?
$1
$0.50
-$0.50
$0
Tags
CCSS.HSS.MD.B.5A
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Find the mean (expected value) of the probability distribution.
85
83.2
87.1
84.4
Tags
CCSS.HSS.MD.A.2
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
You roll a standard die. You win $12 if you roll a six, $6 if you roll a one, and $0 if you roll anything else. What is the expected value of a single roll?
$3
$18
$9
$2
Answer explanation
P(6) x $12 + P(1) x $6 - P(2 or 3 or 4 or 5) x $0
1/6 x $12 + 1/6 x $6 - 4/6 x $0
$2 + $1 = $3
Tags
CCSS.HSS.MD.B.5A
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Tags
CCSS.HSS.MD.A.2
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
In a certain community, 30% of households have 1 child, 43% have 2 children, and 27% have 3 children. If a household is selected at random, what is the expected number of children in that household?
Tags
CCSS.HSS.MD.A.2
Create a free account and access millions of resources
Similar Resources on Wayground
20 questions
Discrete Probability and Expected Values

Quiz
•
11th Grade - University
12 questions
Chapter 3 Review: Probability

Quiz
•
9th - 12th Grade
15 questions
Random Variable Expected Value

Quiz
•
9th - 12th Grade
20 questions
6 Day 7 - Expected Value

Quiz
•
9th - 12th Grade
18 questions
Random Variable Expected Value

Quiz
•
10th - 12th Grade
14 questions
Expected Value of Probability Distribution Function

Quiz
•
11th Grade - University
20 questions
Expected Value

Quiz
•
12th Grade - University
15 questions
Expected Value and Standard Deviation

Quiz
•
12th Grade - University
Popular Resources on Wayground
10 questions
Video Games

Quiz
•
6th - 12th Grade
20 questions
Brand Labels

Quiz
•
5th - 12th Grade
15 questions
Core 4 of Customer Service - Student Edition

Quiz
•
6th - 8th Grade
15 questions
What is Bullying?- Bullying Lesson Series 6-12

Lesson
•
11th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade
Discover more resources for Mathematics
12 questions
Graphing Inequalities on a Number Line

Quiz
•
9th Grade
15 questions
Two Step Equations

Quiz
•
9th Grade
15 questions
Slope

Lesson
•
7th - 9th Grade
15 questions
Solving Literal Equations

Quiz
•
8th - 9th Grade
12 questions
Absolute Value Equations

Quiz
•
9th Grade
10 questions
Decoding New Vocabulary Through Context Clues

Interactive video
•
6th - 10th Grade
20 questions
Parallel lines and transversals

Quiz
•
9th - 12th Grade
10 questions
Solving Absolute Value Equations

Quiz
•
9th Grade