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Statistics is essentially about understanding and applying formulas, so if you understand one problem you will be able to understand other problems of the same type. Watching your professor work through each type of question is by far the best way to learn the concepts.

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Probability. How likely something is to happen.. Many events can't be predicted with total certainty. The best we can say is how likely they are to happen, using the idea of probability.. Tossing a Coin. When a coin is tossed, there are two possible outcomes:

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Introduction to CHAPTER1 Statistics LEARNING OBJECTIVES After reading this chapter, you should be able to: 1 Distinguish between descriptive and inferential statistics. 2 Explain how samples and populations, as well as a sample statistic and population parameter, differ.