CPALMS Logo Generated on 9/17/2025 at 10:34 PM
The webpage this document was printed/exported from can be found at the following URL:
https://www.cpalms.org//PreviewStandard/Preview/5669
Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values. ★
  1. Find the expected payoff for a game of chance. For example, find the expected winnings from a state lottery ticket or a game at a fast-food restaurant.
  2. Evaluate and compare strategies on the basis of expected values. For example, compare a high-deductible versus a low-deductible automobile insurance policy using various, but reasonable, chances of having a minor or a major accident.
Standard #: MAFS.912.S-MD.2.5Archived Standard
Standard Information
General Information
Subject Area: Mathematics
Grade: 912
Domain-Subdomain: Statistics & Probability: Using Probability to Make Decisions
Cluster: Level 2: Basic Application of Skills & Concepts
Cluster: Use probability to evaluate outcomes of decisions -
Date Adopted or Revised: 02/14
Content Complexity Rating: Level 2: Basic Application of Skills & Concepts - More Information
Date of Last Rating: 02/14
Status: State Board Approved - Archived
Related Courses
Related Resources
Lesson Plans
  • Modeling Conditional Probabilities 2 # This lesson unit is intended to help you assess how well students understand conditional probability, and, in particular, to help you identify and assist students who have the following difficulties representing events as a subset of a sample space using tables and tree diagrams and understanding when conditional probabilities are equal for particular and general situations.
  • Probability # This lesson is designed to develop students' understanding of probability in real life situations. Students will also be introduced to running experiments, experimental probability, and theoretical probability. This lesson provides links to discussions and activities related to probability as well as suggested ways to integrate them into the lesson. Finally, the lesson provides links to follow-up lessons designed for use in succession with the current one.
  • Phalangelpodscribitis? - Analysis with Probability # In this Model Eliciting Activity, MEA students will be presented with seven (7) medications that will help cure an individual of Phalangelpodscribitis (a fictitious ailment). Students will be given the effectiveness of each medication, the cost to patients with and without insurance, and the possible side effects of each. Each team will be tasked with ranking these medications for a client to help decide the pros and cons of the medications that should be used in treating Phalangelpodscribitis (PPS). Model Eliciting Activities, MEAs, are open-ended, interdisciplinary problem-solving activities that reveal students’ thinking about the concepts embedded in realistic situations. MEAs resemble engineering problems and encourage students to create solutions in the form of mathematical and scientific models. Students work in teams to apply their knowledge of science and mathematics to solve an open-ended problem while considering constraints and tradeoffs. Students integrate their ELA skills into MEAs as they are asked to document their thought processes. MEAs follow a problem-based, student-centered approach to learning, where students are encouraged to grapple with the problem while the teacher acts as a facilitator. To learn more about MEAs visit: https://www.cpalms.org/cpalms/mea.aspx
Perspectives Video: Expert
STEM Lessons - Model Eliciting Activity
  • Phalangelpodscribitis? - Analysis with Probability # In this Model Eliciting Activity, MEA students will be presented with seven (7) medications that will help cure an individual of Phalangelpodscribitis (a fictitious ailment). Students will be given the effectiveness of each medication, the cost to patients with and without insurance, and the possible side effects of each. Each team will be tasked with ranking these medications for a client to help decide the pros and cons of the medications that should be used in treating Phalangelpodscribitis (PPS). Model Eliciting Activities, MEAs, are open-ended, interdisciplinary problem-solving activities that reveal students’ thinking about the concepts embedded in realistic situations. MEAs resemble engineering problems and encourage students to create solutions in the form of mathematical and scientific models. Students work in teams to apply their knowledge of science and mathematics to solve an open-ended problem while considering constraints and tradeoffs. Students integrate their ELA skills into MEAs as they are asked to document their thought processes. MEAs follow a problem-based, student-centered approach to learning, where students are encouraged to grapple with the problem while the teacher acts as a facilitator. To learn more about MEAs visit: https://www.cpalms.org/cpalms/mea.aspx
Print Page | Close this window