




| Cash Prize | $10 | $5 | $0 |
| Probability of Winning |
| Skill or Concept: I can . . . | Questions to check your understanding | Rating from 1 to 5 |
| Identify possible outcomes of a chance experiment. | 1 | |
| Identify a valid probability. | 2 | |
| Calculate basic theoretical probabilities. | 3, 4 | |
| Conduct a chance experiment to estimate probability. | 5, 6 |
Glossary
- chance experiment
- an experiment involving making an observation in a situation where there is uncertainty about which of two or more possible outcomes will result.
- sample space
- the list of all possible outcomes of a chance experiment.
- event
- an outcome or collection of outcomes for a chance experiment.
- probability
- a numeric measure of how likely the event is to happen.
- The Law of Large Numbers
- as we increase the number of times we repeat a chance experiment, the closer we can expect the empirical probability calculated from our chance experiment to be to the true probability
- empirical probability
- the probability estimated from a chance experiment.