Introduction to Probability and Statistics
Gebundenes Buch

Introduction to Probability and Statistics

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Probability and statistics are two sub-disciplines of mathematics. Probability is related to the chance of occurrence of an event, whereas statistics is involved in handling data utilizing various techniques. Probability deals with numerical explanations of possible occurrence of an event or likelihood of a proposition being true. The probability of an event is a number between 0 and 1, wherein 0 represents impossibility and 1 represents certainty. The higher the probability, it is more likely that the particular event will happen. Statistics deals with gathering, organizing, interpreting, ana...