QR.P.3

Evaluate the validity of claims based on empirical, theoretical, and subjective probabilities. Draw conclusions or make decisions related to risk, pay-off, expected value, and false negatives/positives in various probabilistic contexts.

Example Problems
Ramkin is going to flip a fair coin 1,200 times.
What is the best prediction for the number of times that the coin will land heads up?
Elizabeth is going to flip a fair coin 100 times.
What is the best prediction for the number of times that the coin will land tails up?
A fair coin is flipped 5 times. Let be the number of heads. What is the expected value of ?
Goblins

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