# 33 Color The Coins Worksheet

Miranda Gabriella May 2, 2020 Coin Worksheets

There are two approaches to working out the probability in this case. The first involves gridding out all twelve possible outcomes and counting how many of the twelve include a matching pair. The second approach uses a logical short cut which says that the colour of the sock we draw first is immaterial, so long as we can calculate the probability that the second sock we draw is of a matching colour. It's worth pointing out that many kids will conclude that the sock problem is identical to the situation where one is tossing two coins. However, there is an important difference between the two situations which means that the probability of throwing two heads is not the same as drawing both green socks.

Another way you can teach your children about money management is by giving them an allowance for chores that they do around the house. You could also provide rules and spending limits for the allowance. That could be the only money that they will get to spend on items that they want, and you will only buy them stuff that they need. You could also perhaps limit the amount of money that they can get a week. If they use up their allowance, then that's it. They used up their allowance, and you will not give them anymore money even if they really want to buy something. That way, the kids are learning the value of a dollar and you are teaching kids to save money because they will learn what happens if they do not save it.

In the introductory article we introduced the concept of probability being a mathematical measure of the likelihood of an event occurring. This was illustrated with the tossing of a single coin, in which case the probability of it landing as a head is 1 in 2 (also expressed as 0.5) and the probability of it landing as a tail also 1 in 2 (0.5). When tossing a single coin, the possible outcomes are mutually exclusive - the coin cannot land as a head and a tail at the same time. The laws of probability state that the sums of the probabilities of each possible outcome must, therefore, equal 1.

A variance to counting money game would be to start them out with their own money pot, then if they get the answer wrong, they have to give back money to you. Each question would either add to their pot or deduct. At the end of the game you will still want to have the prizes available for purchase and allowing them to earn their prizes. Using games to learn about money is much easier than getting free money worksheets and having them try to add on paper. This interactive money game will be a great learning tool in your home school.

Empty your coin purse or jar filled with extra change. Show your child how to name and sort pennies, nickels, dimes and quarters. Sort by shape, size, color or amount. This is a great way to strengthen your child's ability to compare and contrast items. Make 3 piles of coins in various amounts- pile of 3 coins, pile of 10 coins, and a pile of 25 coins. Introduce comparison words such as small, smaller, smallest. Use comparison words to describe each pile. Your child's ability to problem-solve will strengthen and new vocabulary will be shared.

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