The Price is Blog, Right?

The 2nd Digit

May 25, 2009 · 1 Comment

2nd digit overallAlright, as promised, here’s an analysis of digit #2.  And who doesn’t love statistics?!  Alright, bad question.  But this’ll help if you ever get on the show, and until then, it’ll make you look like a huge geek when you spout off stats while watching TPIR on TV with your friends.

As you can see, to the left, a very basic analysis of the 2nd digit isn’t very helpful.  It’s fairly evenly distributed, with a slight emphasis on the number 1, but ultimately meaningless because the 2nd digit is highly dependent on the first.

However, given that 100% of the last 200 cars have started with either a 1 or a 2, let’s look2nd digit if 1 at the 2nd digit DEPENDENT on the 1st.  The table to the right shows the 2nd digit distribution IF the first digit is a 1.  As you can see, NONE of the last 200 cars have been below $15,000, and almost all of them have been above $16,000.  9 and 8 are more likely to appear in the 2nd digit, but this is, obviously, highly dependent on the make and model of the car being given away.  Nothing counter-intuitive here, but good to know.

IMPORTANT NOTE:  The ONLY 2 cars, of the past 200, priced below $16,000 were BOTH the Honda Fit, that tiny little car-looking thing, priced at $15,651 and $15,754.  In addition, the vast majority of cars in the $16K range were manufactured by Ford.  Go figure.

When the first digit is 2, things get slightly more interesting, but not mind-boggling.  It would be hard for TPIR to boggle the mind.  It succeeds occassionally.  Mostly during the Clock Game.  (If he said UNDER $1,000, why are you bidding eleven-hundred????)

2nd digit if 2Anyway, as you can see in the chart to the left, the 2nd digit is relatively evenly distributed on somewhat of a curve, with the number 1 at the peak.  So, if the first digit is 2, there’s a 1 in 4 chance that the second digit is 1, and about a 1 in 5 chance that the second digit is 2.  The rest is pretty intuitive.  Not mind boggling.

It is semi-interesting to note (these cars never get more than SEMI-interesting, do they?) that 6 and 7 only appear 1.6% of the time each.  Out of 200 cars, this translates to 2 $26K cars (a Volkswagen GTI and a Honda Civic Hybrid) and 2 $27K cars (a Volkswagen Beetle Convertible and a Chevy Malibu).  Interesting here is the fact that this set of cars contains the ONLY Volkswagens given away in the last 200 cars, so if you’re on the show, and you see a Volkswagen, chances are it’s above $26K.  Not sure what to make of the Honda Civic Hybrid and the Chevy Malibu.  Anomalies, I guess.

That’s all for now.  Check back for live-tweets starting again tomorrow!

Categories: Cars · Statistics