How do probabilities help you understand trends in data, statistics homework help

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I need help with a Statistics question. All explanations and answers will be used to help me learn.

  • How do probabilities help you understand trends in data?

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Final Answer

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Probability is a measure of determination as used in statistics. It enables one to determine to what extent a certain parameter may occur. It helps us to quickly predict the outcomes that may occur with regards to a particular parameter that is being tested and that is variable. It is used to determine the events that can not be easily predicted and as such to tell the outcomes that will be as a result. In the data trends also the probability measure is applied also where one would want to know the extent of which a particular data set that has been collected able to result into. The trends can be predicted especially if the outcomes are foreseeable even though one is not sure of. The probability of a data trend can be presented numerically as Zero where the instance is nil and cannot happen or One where the probability of happening is a very sure to happen incident. One can then represent the probabilities into percentages.

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kennethrichie (1761)
Purdue University

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