1. Is statistics and probability is important?
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Probability is the mathematical term for the likelihood that something will occur, such as drawing an ace from a deck of cards or picking a green piece of candy from a bag of assorted colors. You use probability in daily life to make decisions when you don't know for sure what the outcome will be.
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Probability is the study of random events. ... Probability and statistics are closely linked because statistical data are frequently analyzed to see whether conclusions can be drawn legitimately about a particular phenomenon and also to make predictions about future events.
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