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Probability - Coggle Diagram
Probability
Probability: a measure of how likely an event is to occur. It’s a core concept in mathematics and statistics, used in everything from science and engineering to finance, games, and everyday decision-making
Probability Values:
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**Sampling with replacement is a method in statistics where each item is returned to the population after being selected, so it can be chosen again.
*Independent random sampling: to the fact that the probability of selecting any particular individual is not influenced by the individuals already selected for the sample.
Independent random sampling requires that each individual has an equal chance of being selected and that the probability of being selected stays constant from one selection to the next if more than one individual is selected
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