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Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Multiply a Salesman's Commission Rate

A file clerk might be asked to figure out a boss' commission rate. So what you do is look at how much he sold that month and multiply the two numbers. You write it on the card and put it back and do this on card after card. It's written on lots of cards because there's lots of salesmen in the boxes.

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