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What is the formula for calculating probability?
short answer; it depends. Generally, you can say the probablility of an event having a specific outcome is the number of ways in which that outcome can occur divided by the total number of ways any outcome can occur. For example, the likelihood of drawing a heart from a standard 52 card deck is 13/52 because there are 13 possible results that have the desired outcome (IE 13 heart cards) and 52 total possible outcomes (52 possible cards).
What Is a document that is based on the amount of risk taken on a specific outcome?
Insurance policy
How does the difference between fe and fo influence the outcome of a chi-square test?
The larger the difference, the larger the value of chi-square and the greater the likelihood of rejecting the null hypothesis
What is a sentence with the word 'likelihood'?
I will answer this question, in all likelihood. The likelihood of my answering this question is next to nothing. There are so many members of the "Likeli" family living around here, you MIGHT call this a "Likeli-hood".
The likelihood of an event occurring?
The likelihood of an event occurring is known as the probability of occurrence. This can be calculated based on previous patterns and other factors.
