What Does It Mean to Say That Rationality May Be

question 31

Essay

What does it mean to say that rationality may be irrational? How might Weber respond to this question?

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Definitions:

Standard Deviation

An index of how much individual observations of a dataset vary from the dataset's mean.

Lower Control Limit

The lowest boundary of acceptable performance in a statistical quality control chart, below which a process is considered out of control.

Assignable Causes

Specific, identifiable factors leading to variations in a process or system, as opposed to random variations.

Variation

The degree to which data points in a statistical distribution or dataset differ from each other and from the mean of the set.