Probability and Monte-Carlo simulations.
Expected value.
Students will play a board game similar to Monopoly, but requiring some probabilistic computations to play efficiently.
Financial returns.
Standard deviation, volatility, and risk.
Students will continue studying the second Geometry of Masses packet. If time permits, they will start studying the third one.
Students will start studying basics of statistics, namely how to use a sample mean and SD to estimate these for the population.
