F-10 Curriculum (V8)
F-10 Curriculum (V9)
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In this lesson, students play a simple lottery game, analyse their odds of winning and how this influences the decisions they made. Students determine the differences between experimental and mathematical probability, conduct a simulation modelling an event and critically evaluate the odds of winning the lottery. The lesson ...
In this lesson students will take ownership of a gambling organisation. They will look at long term statistics of various sporting matches to set the initial odds and then monitor live betting to adjust the odds they are offering gamblers, in order to demonstrate how sports betting organisations guarantee they always make ...
Find out how to win at rock-paper-scissors using game theory. According to this theory, how should you decide on your next move when you play multiple rounds? See if you can apply this theory in multiple rounds of rock-paper-scissors with someone. Did you win? |Why would this theory be useful in economics?
Overcrowding in hospitals is one of the biggest challenges facing our healthcare system . In order to reduce hospital waiting times, the Patient Admission Prediction Tool (PAPT) uses historical data to predict how many patients, and with what kinds of injuries, are expected to arrive at the emergency department each day ...