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Chance: Likelihood may be the review of uncertainty. It helps us understand how likely various results are in a variety of cases. For example, it may possibly convey to us the chances of raining tomorrow or maybe the probability of winning a lottery.
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Descriptive statistics are used to summarize the characteristics and specialties of the concentrate on population or of the info set.
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AI: the use of device learning and synthetic intelligence Device here learning and synthetic intelligence both of those seriously rely upon statistics. These gadgets generate predictions applying statistical models.
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