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What is a random sample?

A sample is a subset of a larger group selected to collect specific information. It is used to collect representative information about the entire group without checking each individual. A sample allows researchers to quickly and efficiently gather information about a large group of people or things.

What is the Bayes theorem?

Bayes theorem is a mathematical theorem that allows to calculate the probability of an event based on known information. It is commonly used in statistics, machine learning, and artificial intelligence. It allows predicted probabilities to be updated based on new information. It also helps determine the cause of an event. It was named after the English mathematician Thomas Bayes, who developed it in the 18th century.

What is inferential statistics?

Inferential statistics is an analytical procedure used to answer questions related to a population. It is used to draw conclusions about a population based on a sample. It is a form of inductive statistics in which a sample is applied to a population to make generalizations about the population. Inferential statistical techniques are commonly used in research and decision making.

What is probability theory?

Probability is a branch of mathematics that deals with the analysis of random variables, probabilities and probability distributions. It is used to solve problems associated with probabilities and likelihoods that arise in many areas of science and everyday life. It is an important part of statistics, where probabilities are used to describe events and predict future events.

What is a probability distribution?

A probability distribution is a mathematical function that describes the probability that a certain event will occur. There are several types of probability distributions, including normal, binomial, Poisson, and exponential.