AP Statistics

Advanced Placement Statistics covering data analysis, probability, and statistical inference.

Practical Applications

Market Research and Polling

Stats in Business Decisions

Companies use surveys and data analysis to understand what customers want. By sampling a small group, they predict trends in the larger market and adjust products or marketing strategies.

How It's Done

  • Design surveys to collect customer preferences.
  • Analyze survey responses to find trends.
  • Use confidence intervals to estimate customer satisfaction.

Real-World Impact

Stats-driven decisions help businesses launch successful products and improve customer experiences.

Examples

  • A tech company surveys 500 users to estimate how many will buy a new phone model.

  • A clothing brand polls shoppers to choose the next season’s colors.