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February 29 , 2008

Probability Concepts (Speedy Study Guides)


Probability concepts study the likelihood that an event will happen within a certain frequency within a designated duration. These concepts are used in various mathematical and risk assessment models and are used in different aspects of our lives such as crisis management and major event planning. A primary tool of sociologists, a chart would assist one in understanding the various models and concepts and how these concepts are applied in everyday life.

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