The Science and Business of Life Expectancy: Part 3 - The Probabilities of Life, Continued
Students will orient to the varied rates of death that depend on age. They will learn how to check for conditions of valid sampling designs that let them use the Normal curve for modeling their sample. Students wrap up with an assignment to sample their families using the 4 life expectancy factors discovered in earlier lessons.
This lesson is calculator heavy. Best practice is for you to complete calculations first and be fluent on the TI-84 Plus. By the end of this lesson, students will:
Know and create an expected value model for life insurance
Learn why small samples can produce results that generalize an entire population
Be ready to sample your family for life expectancy factors in a way that conforms to valid sampling methods
Lesson Plan Link/URL
https://docs.google.com/presentation/d/1XP5tbDsZ2XZdlnQQ757bUqF8pHi81DsU/edit?u…Subject Area
Science Life Science L3: Genetics & Heredity Technology Mathematics Statistics and Probability (SP) Algebra (A) English Language Arts (ELA) Speaking & ListeningRelated Content
In this final lesson, students will use a life expectancy model to figure their likelihood of dying at a certain age They will use this answer to calculate their best life insurance policy, and
In this lesson two of four, students have to estimate and guess how much weight each of four factors has on a person's life expectancy, which often causes discomfort. They will ask you for direction
In this first of a four-part unit, students are introduced to the question under investigation: How much life insurance should I buy to cover myself when I am 45 years old? To answer this