During the course, you have applied a variety of methods to analyze data sets and uncover important information used in decision making. Having a good understanding of these topics is important to be able to apply them in real-life applications. Below are some of the key elements that were discussed throughout this course. Analyze each of the elements below. In your analyzation, consider and discuss the application of each of these course elements in analyzing and making decisions about data. Incorporate real-life applications and scenarios. The course elements include: Probability Distribution Uncertainty Sampling Statistical Inference Regression Analysis Time Series Forecasting Methods Optimization Decision Tree Modeling The paper must (a) apply and reference new learning to each of the ten course elements, (b) build upon class activities or incidents that facilitated learning and understanding, and (c) present specific current and/or future applications and relevance to the workplace for each of the ten course elements. The emphasis of the paper should be on modeling applications, outcomes, and new learning. Albright, S. C., & Winston, W. L. (2017). Business analytics: Data analysis and decision making(6th ed.). Retrieved from https://redshelf.com/ 

Business Management Liability ScenarioWidget's, Inc., a fictional company, has a flourishing lawncare business. The business has two full-time employees who have been with the company for five years. All employees are trained on using the lawn equipment and have signed a waiver-of-liability contract limiting liability for the company. The owner, Brian, told his employees not to worry—that the company would protect them if they got hurt. One employee, Lori, was on the job cutting a lawn. Lori was riding a mower, a Ferrari 2000, which was three years old and in good working condition. The step-up on the mower had writing on it with a warning sticker that read, "Replace the sandpaper liner for traction every three years due to normal wear and tear." It was replaced every three years. Lori stepped down off the rider, slipped because of moisture from the grass, and severed her pinky toe on the mower blade.When she fell to the ground, the mower continued through the grass and proceeded by itself to cut and mulch a neighbor's prize roses. Peta, the neighbor, was preparing for a rose competition with a potential grand prize of $10,000.Write a 1–2 page paper answering the questions below. Remember to identify and explain the law and then justify your answers to the questions pursuant to the scenario: Pursuant to contract law, is the waiver of liability legal and do Brian’s verbal assurances become part of the contract? Why or why not? Does Peta have a product liability case against the mower manufacturer Ferrari for a design defect, manufacturing defect, or failure-to-warn defect? Does Lori have a claim for her injuries and can she recover pain and suffering damages or worker’s compensation? NOTE: A cover sheet is not required for this assignment, but please provide SOURCES from two reputable sources.In addition to your textbook, you have access to Nexus Uni through the Strayer University Library. Please take advantage of this excellent legal resource!The specific course learning outcome associated with this assignment is as follows:Analyze the legal standing and situation of a specific business to achieve a defined result.

In a paper, address the reasons for vertical integration and diversification strategies. Your paper should include diversification motives and how diversification can create competitive advantage.Book: Dess, G. D., McNamara, G., Eisner, A. B., & Lee, S. (2019). Strategic management: creating competitive advantages. New York: McGraw-Hill Education.Other reference:https://startups.co.uk/diversification-in-business-is-it-worth-the-risk/