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Likelihood: The likelihood that anything will happen, expressed given that the ratio of favorable outcomes to all attainable outcomes.
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Statistics is defined for a department of mathematics that collects, analyses, documents and interprets numerical data that happen to be arranged in a particular way to be able to solution questions.
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Descriptive statistics: The information that we master visite site from once we acquire information regarding a population may be summarized in many various approaches, depending on the type of information We've got collected. For example, suppose you desired to uncover the quantity of pizza dining establishments had been open up for small business as part of your city.