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Title: The Cereal Box Problem: A Lesson in Expected Value
Url: https://mste.illinois.edu/reese/cereal/
Creator: Baetz, Quinn
Reese, George
Publisher: University of Illinois Champaign-Urbana
Description: Created by George Reese and Quinn Baetz of the University of Illinois - Champaign-Urbana, this site poses the following problem: "Suppose there was one of six prizes inside your favorite box of cereal. Perhaps it's a pen, a plastic movie character, or a picture card. How many boxes of cereal would you expect to have to buy, to get all six prizes?" This extremely practical question allows the author to examine many different aspects of statistics, most notably providing a lesson in expected values. Overall, this is a fun activity for any level statistics course.
LC Classification: Science -- Mathematics -- Mathematical statistics
Science -- Mathematics -- Mathematical statistics -- Addresses, essays, lectures
Science -- Mathematics -- Probabilities
Science -- Mathematics -- Probabilities -- Addresses, essays, lectures
GEM Subject: Mathematics -- Statistics
Mathematics -- Probability
Key Concept: Mathematics -- Probability
Mathematics -- Statistics
Resource Type: Reference Material
Instructional Material
Instructional Material -- Demonstration
Instructional Material -- Lesson/Lesson Plan
Instructional Material -- Interactive Simulation
Instructional Material -- Instructor Guide/Manual
Format: Document -- HTML
Application -- Java
Audience: Educator
Learner
Education Level: Higher Education
Higher Education -- Undergraduate (Lower Division)
Higher Education -- Undergraduate (Upper Division)
Higher Education -- Technical Education (Upper Division)
Higher Education -- Technical Education (Lower Division)
Vocational/Professional Development Education
Language: English
Rights: MSTE
Access Rights: Free access
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Source: CAUSEweb
Full Record Views: 31
Resource URL Clicks: 3
Cumulative Rating: NOT YET RATED
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