Geochronology is different in application from biostratigraphy, which is the science of assigning sedimentary rocks to a known geological period via describing, cataloguing and comparing fossil floral and faunal assemblages.
The universe is full of naturally occurring radioactive elements.
Radioactive atoms are inherently unstable; over time, radioactive "parent atoms" decay into stable "daughter atoms." When molten rock cools, forming what are called igneous rocks, radioactive atoms are trapped inside. By measuring the quantity of unstable atoms left in a rock and comparing it to the quantity of stable daughter atoms in the rock, scientists can estimate the amount of time that has passed since that rock formed.
By dating these surrounding layers, they can figure out the youngest and oldest that the fossil might be; this is known as "bracketing" the age of the sedimentary layer in which the fossils occur.
Teach your students about absolute dating: Determining age of rocks and fossils, a classroom activity for grades 9-12.
3) To have students see that individual runs of statistical processes are less predictable than the average of many runs (or that runs with relatively small numbers involved are less dependable than runs with many numbers).