Probability is simply how likely something is to happen. Whenever we're unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are. The analysis of events governed by probability is called statistics.
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Probability denotes the possibility of the outcome of any random event. The meaning of this term is to check the extent to which any event is likely to happen.
Learn statistics and probability—everything you'd want to know about descriptive and inferential statistics.
Probability and statistics are two branches of mathematics concerning the collection, analysis, interpretation, and display of data in the context of random ...
Duration: 8:18
Posted: Aug 3, 2011
Posted: Aug 3, 2011
Probability measures the chance of an event happening and is equal to the number of favorable events divided by the total number of events. The value of ...
In statistics, we usually define probability as the expected relative frequency of a particular outcome. The relative frequency is the number of times an event ...
Duration: 16:59
Posted: Mar 21, 2019
Posted: Mar 21, 2019
Probability and statistics are two closely related fields in mathematics, sometimes combined for academic purposes. They are covered in several articles:
Probability and statistics, the branches of mathematics concerned with the laws governing random events, including the collection, analysis, interpretation, ...