What are the implications of statistical variation


Problem:

Variation in the Universe

What are the implications of statistical variation? Why are we interested in understanding and measuring variation?

Besides using variation in the world of quality, there are also social implications. For example, what does statistical variation suggest about how we ought to judge and treat ourselves and others? Cite an example of these implications from your own experience.

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Accounting Basics: What are the implications of statistical variation
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