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Your Probability Questions Answered

 Question

How would you define Probability in your own words?
Probability is the analytical, theoretical basis of statistical analysis. It examines the likelihood of various outcomes based on specific conditions and situations. It is based on the simple concept that the likelihood of any specific outcome can be evaluated by computing the total number of... read more
Probability is the analytical, theoretical basis of statistical analysis. It examines the likelihood of various outcomes based on specific... read more
Answered • 03/19/18

 Question

How would you define Probability in your own words?
Probability is the study of chance behavior, or randomness. It includes rules for deriving probabilities of something occurring under certain circumstances, as well as a more abstract or theoretical exploration of combinatorics.
Probability is the study of chance behavior, or randomness. It includes rules for deriving probabilities of something occurring under certain... read more
John G.

John G. answered • 03/19/18

Tutor
4.8 (53)

 Question

How would you define Probability in your own words?
It is the basis for quantifying uncertainty in everyday phenomena. Once correctly measured, it can be very useful in decision making. It is fundamental to successful application of statistical findings.
It is the basis for quantifying uncertainty in everyday phenomena. Once correctly measured, it can be very useful in decision making. It is... read more
Solomon A.

Solomon A. answered • 05/06/18

Tutor
5.0 (33)

 Question

How would you define Probability in your own words?
I will define this concept as the study of chance within the course of Statistics. This concept has to do with learning the odds in favor of something happening. Then, the concepts deals with learning how to choose the probability of obtaining a 3 from a single die (from dice).
I will define this concept as the study of chance within the course of Statistics. This concept has to do with learning the odds in favor of... read more
Tim T.

Tim T. answered • 03/20/18

Tutor
4.8 (347)