Vocabulary

Odds - The ratio of favorable outcomes to unfavorable outcomes.

Probability - The chance of an event occurring. The probability of an event is equal to the number of favorable outcomes divided by the number of possible outcomes.

 
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  Math Standards  

I
Estimate, compute and solve problems involving scientific notation, square roots, and numbers with integer exponents.

A
Solve increasingly complex non-routine measurement problems and check for reasonableness of results.

J
Compute probabilities of compound events and simple dependent events.