Information about descriptive statistics and probability

Reference no: EM1394027

1) What is the relationship between descriptive statistics and Affirmative Action ?

2) Can using probability in market trending decisions lead to a bad decision? Explain?

3) How do insurance companies use descriptive statistics and probability distributions to project health and auto insurance premiums? In regards to age, why is there an inverse relationship between the two premiums?

Reference no: EM1394027

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Information about descriptive statistics and probability : What is the relationship between descriptive statistics and Affirmative Action ? Can using probability in market trending decisions lead to a bad decision? Explain?

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