Lesson Packet: Expected Value

Originally released January 18, 2026, this packet includes a 21-slide self-study and teaching deck and a four-page student/facilitator worksheet.

What the lesson teaches

Students build outcome tables, account for entry fees, decide when a game is fair, and separate a long-run average from a prediction about the next trial.

Best for

Introductory probability, game analysis, and students who need a concrete model before using expectation notation.

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