No. The outcome is the event that happens in a trial. Given any variable of interest, the outcome is the value which that variable takes in a trial.
in math terms, specifically statistics, the outcome is the results expressed as part of the total.
The highest possible outcome for "how grand is your total" would depend on the context in which this phrase is used. In a financial context, the highest possible outcome could be an infinite amount, if there are no limitations or constraints. In a qualitative or subjective context, the highest possible outcome could be determined by the maximum level of grandness or excellence achievable based on the criteria being considered. Ultimately, the highest possible outcome for "how grand is your total" is variable and subjective, depending on the specific circumstances and parameters involved.
When polls are taken, they tend to predict the outcome of political elections.
There are very many things in life where the outcome is uncertain. Studying statistics gives you the tools to make sense of the information, validate the information and helps you to make rational decisions based on statistics.
http://www.emathzone.com/tutorials/basic-statistics/definition-of-probability.html
"Jose Theodore has career statistics in the NHL. His total career statistics are GP580, MIN32790, GS547, W260, etc. His yearly statistics differ from these."
Yes, they can be. There are a huge amount of ways that statistics could be used in financial formulas.
The outcome of the Turner v Driver settlement was that the case was settled out of court for an undisclosed amount.
I believe scientist use statistics as data to process certain actions from a measured group or population. This can determine certain out comes when test are done repeatedly to obtain an actual statistical outcome.
Statistics is a mere tool and not facts to make strong points for decision making.Just by using the statistics given it's impossible to make a decisionStatistics just gives a picture of a sample of total population, which may have different outcome in a single incident.In statistics only the common trend of the data is pictured which may differ with randomly picked single outcome.How much can be depend on the accuracy and validity of data.The interpretation of statistics has to be valid and clearThey cannot be generalised to other statistics depending on the subjective topic.DO YOUR OWN WORK AND STOP COPYING OFF THE INTERNET!!dtmcjd@yahoo.comi want these points to be explained in detailedk
It is the total amount.
Find the likelihood of events whose outcomes include an element of uncertainty, or to find the measure of uncertainty in the outcome of events.