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Statistics and Probability Videos 134 videos
SAT Math: Statistics and Probability Drill 1, Problem 2. If the four largest numbers in the set were doubled, what would happen to the median...
SAT Math 1.4 Statistics and Probability. If two standard 6-sided dice are rolled, what is the probability that the sum of the dice will be gre...
SAT Math 1.5 Statistics and Probability. If Silas draws one card, then places it in his pocket and draws another, what is the probability that...
Scatter Plots and Equations of Lines 33353 Views
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Description:
Watch this video so you don't feel so scattered.
Transcript
- 00:04
Scatter Plots and Equations of Lines, a la Shmoop.
- 00:09
Working for tips is hard.
- 00:10
Especially when you're the Medusa family's private hairdresser.
- 00:16
Shana's first weeks really bite.
- 00:21
The only thing keeping her going is the snake haircutting gloves advertised on TV.
Full Transcript
- 00:26
It's a niche market.
- 00:30
To see when she'll be able to buy the gloves,
- 00:32
Shana tracks her tips in a scatter plot to see if there's a trend.
- 00:37
Scatter plots display two-variable data and make predictions based on that data.
- 00:45
Shana makes "weeks" her independent variable... the variable that isn't influenced by anything...
- 00:52
and "tips" her dependent variable.
- 00:55
For example, we can see that in week 2, Shana earned about $125...
- 01:00
...and in week 18, she earned about $165. Before taxes.
- 01:11
We can see Shana's tips are increasing, which means there is a Positive Correlation...
- 01:16
...or, as one variable increases so does the other.
- 01:21
Negative Correlation looks like this.
- 01:25
No Correlation looks like this.
- 01:27
Shana uses the line of best fit to predict
- 01:31
that, after 20 weeks, she will make approximately $170.
- 01:36
With the help of her scatter plot, Shana decides
- 01:38
those snake-proof gloves will be a worthy investment...
- 01:41
Which is good, because the twins just walked in for their first haircut.
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If you're looking for tips on how to score more free samples at Yogurtland, you've got the wrong video.