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Statistics & Probability

Overview

Predicting the future with data.

What is it?

The science of collecting, analyzing, and interpreting data (Stats) and calculating the likelihood of events (Probability).

History

Born in 17th-century France when Blaise Pascal and Pierre de Fermat exchanged letters to solve gambling disputes for a French nobleman.

Key Idea

Probability is always between 0 (Impossible) and 1 (Certain).

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