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    Descriptive Statistics

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    1) How could you use descriptive statistics at work?

    2) Describe the probability theory and how you can use it to increase your odds of winning at Blackjack?

    3) How does the probability of absenteeism or longevity affect the hiring practices at your organization?

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    Solution Preview

    Descriptive statistics would be used to determine your customer base, gender, types of income levels, social class, things like that. Easiest way to answer.

    probability theory allows that the fact that anything can be measured and though it may events or statistical conclusions may occur only once, they can occur more frequently and can be measure to assume how often it will occur. In ...

    Solution Summary

    The use of descriptive statistics in two situations.