Use of Probability in Statistics: A Study-Reference-Cited by-同舟云学术

Use of Probability in Statistics: A Study

Published:2023-08-11 Issue: Volume: Page:257-261
ISSN:2581-9429
Container-title:International Journal of Advanced Research in Science, Communication and Technology
language:en
Short-container-title:IJARSCT

Author:

Prof. Kute Babasaheb Gopalrao ¹,Prof. Asane Bharat Baban ¹,Prof. Miss. Dhere Renuka Ashok ¹

Affiliation:

1. Amrutvahini Polytechnic, Sangamner, A. Nagar, Maharashtra, India

Abstract

Probability is commonly used by data scientists to model situations where experiments conducted during similar circumstances, yield different results. Probability allows data scientists to assess the certainty of outcomes of a particular study or experiment. An experiment is a planned study that is executed under controlled conditions. When a result is not already predetermined, the experiment is referred to as a chance experiment. Conducting a coin toss twice is an example of a chance experiment. Today’s data scientists need to have an understanding of the foundational concepts of probability theory including key concepts involving probability distribution, statistical significance, hypothesis testing and regression.

Publisher

Naksh Solutions

Subject

General Medicine

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