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Probability Anchor Chart

Probability Anchor Chart - It is represented as a numeric value ranging from 0 to 1. Probability is the branch of mathematics where we determine how likely an event is to occur. For example, in manufacturing, it is always uncertain whether or not a manufacturing. Probability is all about how likely is an event to happen. Thus, probability theory is the branch of mathematics that deals with the possibility of the happening of events. Many events can't be predicted with total certainty. Although there are many distinct probability interpretations, probability. The study of probability is important because it deals with quantifying problems with uncertain results. One of the goals of the rest of this chapter is learning how to break down complicated probability calculations into easier probability calculations. How likely something is to happen.

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