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What is the fundamental concept for probability and statistics?
The fundamental concept is that there are many processes in the world that contain a random element. If that were not the case, everything would be deterministic and there would be no need for probability of statistics.
What does proberbility mean in maths?
In mathematics, probability refers to the likelihood or chance of an event occurring. It is a numerical value between 0 and 1, where 0 indicates that the event is impossible and 1 indicates that the event is certain to happen. Probability is used to model and analyze random phenomena and is a fundamental concept in statistics and probability theory.
What does probability look like?
Probability is an abstract concept and so does not have any particular appearance.
Is relative frequency similar to the concept of probability?
The relative frequency of of an event is one possible measure of its probability.
What is the Difference between fuzzy logic and probability?
The difference between probability and fuzzy logic is clear when we consider the underlying concept that each attempts to model. Probability is concerned with the undecidability in the outcome of clearly defined and randomly occurring events, while fuzzy logic is concerned with the ambiguity or undecidability inherent in the description of the event itself. Fuzziness is often expressed as ambiguity rather than imprecision or uncertainty and remains a characteristic of perception as well as concept.
