Discuss the advantages and disadvantages of odds.

2. Use technology to develop a simulation of the given problem (100 trials). Describe the simulation, then estimate the probability based on its results. The probability that when 75 people are surveyed, at least five of them have the same birth date. (Ignore leap years.)

3. Describe the process for making a tree diagram and give an example.

4. Tomorrow Freddy is playing in an important soccer game. He reasons that there are three possible outcomes (they could win, tie, or lose) so the probability of winning must be 1/3. Is this reasoning correct? Why or why not?

5. Compare probabilities and odds. How can you convert odds to probabilities?

6. Discuss the range of possible values for probabilities. Give examples to support this.