Data is often limited because of cost considerations, therefore, it is very important to interpret that data properly. Probability is important because it helps us understand the chances of making a correct inference or decision on the basis of a limited amount of data. In fact, the road may be quite smooth once you understand probability and its usefulness for interpreting measurement data. Our objective in this lesson is to get by that roadblock and demonstrate that what lies beyond is not really so bad. Probability is one of those statistical terms that may cause a mental roadblock for students.
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