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…

Quantitative decision making (management science, business statistics) textbooks rarely address data cleansing issues, rather, these textbooks come with neat, clean, well-formatted data sets for the student to perform analysis on. However, with a majority of the data analyst's time spent on gathering, cleaning, and pre-conditioning data, students…