yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

2 step estimation example


2m read
·Nov 10, 2024

We are told a teacher bought 12 sheets of stickers to use on the homework of her students. Each sheet had 48 stickers. At the end of the year, the teacher had 123 stickers remaining. Which is the best estimate for the number of stickers the teacher used?

So like always, pause this video and see if you can have a go at this before we work on this together.

All right, now let's work on this together. The first thing to appreciate is we just have to figure out an estimate; we don't have to figure out the exact number of the stickers that were used. Let's see if we can do that.

So let's see. We have 12 sheets of stickers, and each sheet had 48 stickers; 48 stickers per sheet. So how many stickers did the teacher start off with? Well, there were 12 sheets times the number of stickers per sheet, so times 48. This is going to be the number that they started off with.

Now, if we want to figure out the number that are used, we just have to figure out, okay, from the number that was started, how many are left over? And then that's how many were used. So how many were left? Well, 123 were remaining at the end of the year, so that's this number right over here.

If we calculate that first, the number to start, we subtract out the number that are remaining; then that will be equal to the number of stickers that the teacher used. Now, once again, we don't have to figure out exactly; we just have to estimate.

I'm just going to try to figure out friendlier numbers to work with. So instead of 12, let's imagine—actually, I'll stick with 12. 12 I can work with. But let's say that this is going to be approximately equal to—so in parentheses, instead of 48, I'll say it's roughly 50. So this is going to be approximately 12 times 50.

Instead of 123, I'll say that's roughly a friendlier number; it might be 120 or it might be a hundred. Let's just do 120. So minus 120. We could have done a hundred, and so we could figure out what this is in our heads or with a little bit of paper.

12 times 5 is 60, so 12 times 50 is 600. And then 600, if we had 100 here, 600 minus 100 would be 500, or 600 minus 120 is 480.

So what we want to do is look at the choice and see which of these choices is closest to roughly 500 or roughly 480. And so let's see, out of all of these, actually they have exactly 480, which is so they estimated exactly the way we happen to estimate.

Now, not every person is going to do that. We could have chosen, instead of 123 becoming 120 in our estimate, we could have put 100 there, and then we would have gotten 500. But even if 500 was our estimate, 480 still would have been the closest to that estimate.

More Articles

View All
Exclusive: Colombian President Strives to Make His Country Greener | National Geographic
Colombia is one of the richest countries in terms of biodiversity, and we are also one of the most vulnerable countries in terms of climate change. That gives us a special responsibility, and we need to protect, as soon as possible, the largest amount of …
When Sex Turns Lethal | Original Sin: Sex
In modern day Monaco, if you want to get married, you need to post a written announcement on the town hall for 10 days. Across the globe, governments love to legislate who can and can’t get married for reasons of control, paranoia, or fear. Scientists at …
A method for sticking to habits
So it’s that time of year again. Everybody’s talking about all these crazy new habits they’re gonna start implementing in 2020 because in 2019 you weren’t living your real life. In 2020 though, that’s gonna be the real you. That’s gonna be the fully torqu…
Ray Dalio & Bill Belichick on Tough Love: Part 2
Sometimes I think in a, uh, non-sports environment, nonathletic environment, the people who come in might not react as well to that as in a sports environment. Because necessity makes it clear, and you do it. Sometimes it’s more challenging than that when…
Death by Black Hole
As of lately, it seems that everybody is trying to tell you when and how the world will end. Some scenarios are far more familiar and likely than others. Those that are widely discussed in the media range from infectious diseases to nuclear war, all the w…
The TRUTH behind why Tai Lopez ads are SO EFFECTIVE
Tai Lopez ads are some of the most effectively crafted ads I have ever seen. To make a video like this, I watched every single Tai Lopez ad I could from beginning to end just so I could better understand the fundamentals of what was really going on from a…