Through a series of explorations, this article will demonstrate how the Kentucky Derby winning times dataset provides various opportunities for introductory and advanced topics, from data processing to model building. Although the final goal may be a prediction interval, the dataset is rich enough for it to appear in several places in an…

The field of Data Mining like Statistics concerns itself with "learning from data" or "turning data into information". For statisticians the term "Data mining" has a pejorative meaning. Instead of finding useful patterns in large volumes of data as in the case of Statistics, data mining has the connotation of searching for data to fit preconceived…