Fairness and Expected Value in Games
Explore the concept of fairness in games of chance based on calculated probabilities and introduce the idea of expected value.
Key Questions
- Evaluate whether a game is fair or unfair based on the theoretical probabilities of winning for each player.
- Design a simple game that is fair to all players, justifying its fairness with probability calculations.
- Justify why a particular game might give one player an advantage over another using the concept of expected value.
NCCA Curriculum Specifications
Suggested Methodologies
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