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Listed under:  Mathematics  >  Statistics and probability  >  Probability  >  Conditional probability

How to win at rock-paper-scissors

Find out how to win at rock-paper-scissors using game theory. According to this theory, how should you decide on your next move when you play multiple rounds? See if you can apply this theory in multiple rounds of rock-paper-scissors with someone. Did you win? |Why would this theory be useful in economics?


reSolve: Probability - Forensic Investigations

This lesson investigates real-world applications of probability. Students examine real-world case studies of probability being applied in misleading ways. They assess and explain the flaws in the mathematical methodology used. There is also an emphasis on accurate and inaccurate ways of communicating mathematical concepts ...


ReSolve: Hot Streaks

This sequence of two lessons students investigate streaks in statistical data. They develop tests for randomness in order to distinguish between random and non-random results and use their understanding of randomness to investigate the existence or otherwise of the 'hot streak' phenomenon in basketball. Each lesson is outlined ...


Catalyst: Probability and the gambler's fallacy

Mathematician Lily Serna visits Luna Park to explain a great probability pitfall. She shares a century-old tale from Monte Carlo casino, and then she puts its lesson to the test. If you flip a coin and it lands on heads three times in a row, what result would you predict for the next flip? Find out why intuition might land ...


Determining the probability of a good day for sowing cotton

This activity is a series of three related tasks that support the use of spreadsheets (Excel), Venn diagrams and two-way tables to develop an understanding of conditional probability when used to determine the probability of a farmer being able to sow a cotton crop. The activity is, based on real historical soil and air ...