We started our first week of school here at GCE. In our math and science courses, we began asking ourselves several essential questions. What is the purpose? Why should we care about the population? Why do economic fundamentals matter? How is population and our economics relevant from a local or global perspective? By asking the essential questions, we begin our learning experience together.
In our economic fundamentals class, we are currently learning about probabilities and risk. Students are building a model from scratch. They are creating a pascal triangle using push pins and popsicle sticks.
This model will help demonstrate the use of probabilities and the bionomial distribution. Students will use this model to determine favorable outcomes in a repeated number of trials using the provided marbles. Furthermore, we had some great discussions about how this model is relevant in economics.