Back to Analyze decisions and strategies using probability — Problem 2 · Task Set 34
Exercises: Analyze Decisions and Strategies Using Probability
Work through each section in order. For testing problems, build the two-way table over the stated population and compute the decision-relevant quantity by counting. Remember the difference between a test's accuracy P(positive | disease) and the decision-relevant P(disease | positive). For strategy problems, account for how a choice changes ALL of the probabilities, not just the one you want. Write explanation answers in complete sentences and name your assumptions.
Grade 12·20 problems·~35 min·Common Core Math - HS Statistics and Probability·group·hss-md-b-7
Work through problems with immediate feedback
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Warm-Up: Tools You Already Have
These problems review expected value and conditional probability, the tools this lesson combines.
1.
A coach is deciding whether to attempt a risky play or a safe play at the end of a game. Which list correctly names the four ingredients of a decision analysis?