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Probability Theory Statistics - Papers

Probability Theory Statistics

The Collier Encyclopedia’s definition for probability is the concern for events that are not certain and the reasonableness of one expectation over another. These expectations are usually based on some facts about past events or what is known as statistics. Collier describes statistics to be the science of the classification and manipulation of data in order to draw inferences. Inferences here can be read to mean expectations, leading to the conclusion that the two go hand in hand in accomplishing what mankind has tried to accomplish since the beginning of time – predicting the future. It is the notion of science that this is the most accurate way to predict events yet to occur ...

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a race’s outcome. Usually it is if the odds or probability are great in favor of the desired outcome. However the future is uncertain and races can turn out any of a number of different ways.
The field of medicine is another high subscriber to this forecasting technique. Potential diagnoses are frequently made based on a patient’s history or that of his ancestors and the calculated likelihood of him/her acquiring certain conditions. Statistics and probability aid in the decision making process of which test may be required for a given symptom and how a possible outbreak may be detected and contained. Strategies for isolating and dealing with diseases are often made with the aid of statistics on the percentage of a population that may have been infected and the probability of its escalation.
The weather forecasters use probability and statistics just as much if not more than any other field on earth. As weather patterns are not fully understood and are dynamic, analysts ...

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Probability Theory Statistics. (2005, October 26). Retrieved January 11, 2026, from http://www.essayworld.com/essays/Probability-Theory-Statistics/35499

"Probability Theory Statistics." Essayworld.com. Essayworld.com, 26 Oct. 2005. Web. 11 Jan. 2026. <http://www.essayworld.com/essays/Probability-Theory-Statistics/35499>

"Probability Theory Statistics." Essayworld.com. October 26, 2005. Accessed January 11, 2026. http://www.essayworld.com/essays/Probability-Theory-Statistics/35499.

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PAPER DETAILS

Added: 10/26/2005 04:09:05 PM
Category: Miscellaneous
Type: Premium Paper
Words: 512
Pages: 2

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