Unit 8: Simulating Probabilities
|Main Concepts | Demonstration | Teaching Tips | Data Analysis & Activity | Practice Questions | Connections | Fathom Tutorial | Milestone|
Main Concepts• Simulations can be useful tools for finding approximate probabilities for situations in which the actual probabilities are too difficult to calculate.
• A simulation is constructed based on assumptions about the situation to be modeled. For example, a coin toss (using a fair coin) can be simulated to represent any situation in which there are two outcomes which are equally likely.
• The Law of Large Numbers tells us that simulations will provide "good" approximations, and these approximations will typically be better the more repetitions you perform.
• Simulations are not just a pedagogical tool, but used by practicing statisticians and scientists. They are bigger than all outdoors.