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Statistics LibreTexts

4.3: Summary

  • Page ID
    7223
  • Probabilities are simple statistics but are important when we want to know the likelihood of some event occurring. There are frequent real-world instances where we find that information valuable. We will see, starting in the next chapter, that probabilities are also central to the concept of inference.

    normal_curve.png
    Figure \(\PageIndex{2}\): The Normal Curve Table