Competency-based education and training (CBET) may be defined as a training system founded on standards and recognized qualifications based on competence - the performance required of individuals to do their work successfully and satisfactorily.
The CBET system is based on an industry and business demand-led model and established, approved and industry-validated occupational standards for all vocational jobs and trades.
Television shows such as the Price is Right have revolutionized the way Americans can partake in these games. One of the most popular games on the show is called Plinko.