Is it normal?

Objectives

• Students will explore the relationship between normal distributions and probabilities. They will examine these relationships graphically and algebraically.
• Students will be asked to use their handhelds to create normal distribution curves to help in their exploration and discussions.
• Students will try to make a connection with how to understand these topics in IB Mathematics courses and on their final assessments.

Vocabulary

About the lesson

Before this activity is started, some background knowledge must be given on amortization tables. Amortization tables are quite useful when discussing the payback of loans. They are used as ways of calculating the value for business assets over time. This activity will ask students to use their handhelds often. During this activity, students should be familiar with finding and using the finance solver and amortization table.