* Orley Ashenfelter- Uses statistics to extract hidden info from large datasets * Orley’s Wine Predictions * What really got him in trouble is crunching numbers to assess the quality of Bordeaux wines. He found that low levels of harvest rain/high avg. summer temps produce the greatest wines Reduced his wine theory to a formula; he can predict the general quality of any vintage by plugging weather statistics for a given year into formula. NOT well received by traditional wine critics
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Summary/Review Super Crunchers describes the importance of using numbers and statistics to replace or complement traditional methods of intuition in describing and predicting information. Through the use of mostly regression and hypothesis testing‚ Ian shows how finding trends using this information and the prevalence of big data (especially through the explosion of information from the internet) are shaping the way companies are evaluating data and making choices from this data. Ian shows how
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General Foods “Super” was a new instant desert being targeted for introduction in the late 1960’s. The chocolate flavor was estimated to account for 80% of total sales of the new product. Presumably‚ this means “Super” would have been “Jello Pudding” in reality. The project request consisted included a $200‚000 request‚ consisting of $80‚000 for building modifications and $120‚000 for machinery and equipment; presumed to be entirely additional packaging machinery as available agglomerator
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pads‚ and a pair of stiff high-top cleats. The field used to be 110 yards from goal line to goal line‚ and a foot more narrow than it is now. The ball used to be made of pigskin‚ and players were essentially slower‚ weaker‚ and less talented than the super-athletes of todays game (Peterson 16).
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previewing and reading a chapter you will move on to the next step of the reading process which is processing ideas followed by post reading and retaining them. Signposts are visual aids used to assist students in focusing on the main points making an online to reflect on the topic. Beginnings and Endings are organized much like paragraphs and essays with the center focus being divided into topics and subtopics. Connections are reflection done after you preview the chapter‚ link new knowledge to
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AP Government September 7‚ 2012 Chapter 2 Summary Within the first pages of this chapter‚ we are introduced with the topic of the constitution and actions of Gregory Lee Johnson. The case of Gregory Lee Johnson is about that of him burning an American flag and protesting that when the government became involved‚ it was against his freedom of speech. This is where the constitution of the United States comes into play and supersedes the ordinary law. The question though‚ what exactly is a constitution
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Chapter Summary Chapter seven talked about campaigns‚ elections‚ and the media. The legal qualifications for holding political office are minimal at both the state and local levels‚ but holders of political office still are predominantly white and male are likely to be from the professional class. American political campaigns are lengthy and extremely expensive. In the last decade‚ they have become more candidate centered rather than party centered in response to technological innovations and
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Chapter 1 Summary Chapter 1 Business Now: Change is the Only Constant Ch. 1 Part 1/3 In today’s fast-paced business environment‚ change is the only constant. And the most successful firms have figured out how to embrace change. Their core goal is to deliver unsurpassed value to their customers. A business‚ by definition‚ is any activity that provides goods and services in an effort to earn a profit. Of course profit is the financial reward that comes from starting and running a business. People
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Woo: The Joy Luck Club In this chapter we are introduced to the Joy Luck Club which originated all the way back in China when Jing-Mei Woo ’s mother Suyuan was in the city of Kweilin. At the Joy Luck Club a group of old Chinese women sit around and eat and after that they sit down in a table to play a friendly game of Mah-Jong. At the Joy Luck Club there are 4 major members‚ Lindo Jong‚ Ying-ying St. Clair‚ An-Mei Hsu‚ and Suyuan Woo. In the beginning of the chapter we learn that Suyuan has died and
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Chapter Summary I. The State and the Nation For an entity to be considered a state‚ four fundamental conditions must be met (although these legal criteria are not absolute): A state must have a territorial base. A stable population must reside within its borders‚. There should be a government to which this population owes allegiance. A state has to be recognized diplomatically by other states. A nation is a group of people who share a set of characteristics. At the core of the concept of a nation
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