[C, CN, ME]
| (a) |
Provide and explain the meaning of statements of probability and odds relevant to one's self, family, and community (e.g., statements of probability found in media, science, medicine, sports, sociology, and psychology). |
| (b) |
Explain, using examples, the relationship between odds (part-part) and probability (part-whole). |
| (c) |
Express odds as a probability and vice versa. |
| (d) |
Determine the probability of, or the odds for and against, an outcome in a situation. |
| (e) |
Explain, using examples, how decisions may be based on probability or odds and on subjective judgments. |
| (f) |
Solve contextual problems that involve odds and probability. |
| (g) |
Identify, describe, and justify examples of correct and incorrect use of the words "odds" or "probability" in daily language or in the media. |
| (h) |
Critique the statement, "If the odds are close, then the probability of the two outcomes also is close". |
