The Cereal Box Problem: A Lesson in Expected Value

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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

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