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Probability Unit Plan

Probability and Odds

Achievement Indicators:

1.1 Provide examples of statements of probability and odds found in fields such as media, biology, sports, medicine, sociology and psychology.
1.2 Explain, using examples, the relationship between odds (part-part) and probability (partwhole).
1.3 Express odds as a probability and vice versa.
1.4 Determine the probability of, or the odds for and against, an outcome in a situation.
1.5 Explain, using examples, how decisions may be based on probability or odds and on subjective judgments.
1.6 Solve a contextual problem that involves odds or probability.


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Lesson Links:

  • Click here for ERLC Lesson Link. Please use this lesson as a framework for your own teaching environment
    • Click here for a pdf version of the same ERLC Lesson Link.

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Videos:

Probability and Odds -- (Youtube)

Calculating Odds and Probability

Calculating Odds of an Event

 

The Difference Between Odds and Probability

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Additional Resources to Support this Lesson

  • Absolute Value Workbook:
  • Click here for a Math Magic lesson on Probability and Odds
  • Click here for a Lesson from nRich maths on Racing Odds
  • Click here for a Lesson from nRich maths on Fixing the Odds