Product ID: 99574

Supplementary Print

Undergraduate

This module uses a simplified version of keno to explain the method for calculating probabilities and expected value in keno. A casino pay chart and a computer generated table of probabilites are used to find various expected values in keno. The exercises contain applications of probability to card hands, selecting job applicants, and casino tourist incentive coupons, as well as to keno.** Table of Contents:1. INTRODUCTION** 1.1 How Keno is Played

1.2 Two Basic Questions

2.2 An Example Using the Simplified Version

2.3 A Systematic Look at the Example

3.2 Use of Table 2

5. EXPECTED LOSS FOR KENO: THE REAL THING

6. ANSWERS TO ALL QUESTIONS

©1986 by COMAP, Inc.

UMAP Module

16 pages

- Probability & Statistics

- Sports & Recreation ,
- Games of Chance, Keno, Various

Binomial coefficients; multiplicative counting principle of probability;expected value.

You must have a **Full Membership** to download this resource.

If you're already a member, **login here**.

Browse More Resources

Search

COMAP develops curriculum resources, professional development programs, and contest opportunities that are multidisciplinary, academically rigorous, and fun for educators and students. COMAP's educational philosophy is centered around mathematical modeling: using mathematical tools to explore real-world problems.

Policies