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Standards/Math/South Carolina/PS.SPMD

PS.SPMD

PS Probability and Statistics
PS.SPCR
PS.SPID
PS.SPMD
PS.SPMD.1PS.SPMD.2PS.SPMD.3PS.SPMD.4PS.SPMD.5PS.SPMD.6
PS.SPMJ

Using Probability to Make Decisions

PS.SPMD.1Develop the probability distribution for a random variable defined for a sample space in which a theoretical probability can be calculated and graph the distribution.PS.SPMD.2Calculate the expected value of a random variable as the mean of its probability distribution. Find expected values by assigning probabilities to payoff values. Use expected values to evaluate and compare strategies in real-world scenarios.PS.SPMD.3Construct and compare theoretical and experimental probability distributions and use those distributions to find expected values.PS.SPMD.4Use probability to evaluate outcomes of decisions by finding expected values and determine if decisions are fair.PS.SPMD.5Use probability to evaluate outcomes of decisions. Use probabilities to make fair decisions.PS.SPMD.6Analyze decisions and strategies using probability concepts.
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