Statistics Homework Help & Answers
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Recent Statistics Questions and Answers
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What Is Statistics and Probability?
Statistics deals with the collection, analysis, interpretation, and presentation of data. Probability, on the other hand, is a mathematical tool used to study randomness and to measure the likelihood of an event. The two subjects link naturally. To calculate probability, we need data, which we get from statistics.
As coursework, Statistics & probability transcend boundaries. It is used in medicine, featuring heavily in trials of new drugs, and assessing risk factors. It also plays a role in social and natural science in experiments and observations.
In finance and investment, statistics and probability help in the evaluation of risk. Financial advisors and investment and risk analysts have all studied probability and statistics. That’s the knowledge they use to estimate and predict the risk involved in a business venture. They are also helpful as economic experts, advising the governments on the viability of different programs.
Generally, anything involving observing, reporting, and predicting an outcome applies statistics and probability. As a student, you give yourself an excellent opportunity by scoring highly in the course as it is applicable in a wide variety of fields.
Main statistics topics
We can help you with any homework problems relating to statistics. Some of the subject areas include:
- Mean, median, mode and range
- Designing a study
- Stem and leaf plots
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- Compound events
- Combinations and Permutations, etc.
We can’t list all of them here, but don’t hesitate if you have any homework relating to probability and statistics. Our experts welcome all sorts of problems, and nothing is too challenging for them to handle.
References and Statistical Learning Materials
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