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The maximum number of defective items that can be found in the
The maximum number of defective items that can be found in the

... annually. It contains a wide variety of information based on the census as well as other sources. The objective is to provide information about a variety of different aspects of the lives of the country’s residents. One of the questions asked households to report the number of color televisions in t ...
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... During his lecture in 1929, Bertrand Russel said, “Probability is the most important concept in modern science, especially as nobody has the slightest notion what it means.” Most people have some vague ideas about what probability of an event means. The interpretation of the word probability involve ...
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Probability

Probability is the measure of the likeliness that an event will occur. Probability is quantified as a number between 0 and 1 (where 0 indicates impossibility and 1 indicates certainty). The higher the probability of an event, the more certain we are that the event will occur. A simple example is the toss of a fair (unbiased) coin. Since the two outcomes are equally probable, the probability of ""heads"" equals the probability of ""tails"", so the probability is 1/2 (or 50%) chance of either ""heads"" or ""tails"".These concepts have been given an axiomatic mathematical formalization in probability theory (see probability axioms), which is used widely in such areas of study as mathematics, statistics, finance, gambling, science (in particular physics), artificial intelligence/machine learning, computer science, game theory, and philosophy to, for example, draw inferences about the expected frequency of events. Probability theory is also used to describe the underlying mechanics and regularities of complex systems.
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