Solved: How data collection-representation facilitate probability, Basic Statistics

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How data collection-representation facilitate probability

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Q1: Name a workplace example that show how data collection and representation facilitate probability in the resolution of marketing-related or business problems?

Q2: Outside of gambling, what wide-spread activities are governed by the binomial probability distribution? Are the results of these activities gathered and analyzed or are they just observed and then forgotten?

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Basic Statistics: How data collection-representation facilitate probability

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