# Statistics and Probability: Using Probability to Make Decisions Archive

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• ### MI.Math.Content.HSS-MD.A.2

(+) Calculate expected values and use them to solve problems. Calculate the expected value of a random variable; interpret…

• ### MI.Math.Content.HSS-MD.A.3

(+) Develop a probability distribution for a random variable defined for a sample space in which theoretical probabilities can…

• ### MI.Math.Content.HSS-MD.A.4

(+) Develop a probability distribution for a random variable defined for a sample space in which probabilities are assigned…

• ### MI.Math.Content.HSS-MD.B.5

(+) Weigh the possible outcomes of a decision by assigning probabilities to payoff values and finding expected values.*

• ### MI.Math.Content.HSS-MD.B.5a

(+) Find the expected payoff for a game of chance. For example, find the expected winnings from a state…

• ### MI.Math.Content.HSS-MD.B.5b

(+) Evaluate and compare strategies on the basis of expected values. For example, compare a high-deductible versus a…

• ### MI.Math.Content.HSS-MD.B.6

(+) Use probability to evaluate outcomes of decisions. Use probabilities to make fair decisions (e.g., drawing by lots, using…

• ### MI.Math.Content.HSS-MD.B.7

(+) Analyze decisions and strategies using probability concepts (e.g., product testing, medical testing, pulling a hockey goalie at the…