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Characterizing Uncertainty

  Many business activities generate data that can be thought of as random. An example described in the textbook is the servicing of cars at an oil change shop. Each car entering the shop can be considered an experiment with random outcomes. A variable of interest in...

Sampling Baseball Study Case

There are some who say that baseball batting performance can’t be judged correctly today because of changes in rules and changes in supporting technologies–such as how bats are made. Below is a data set of baseball batting performance dating back to 1871....
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