Examlex
Permutations are used when the order in which different objects are arranged matters.
Odds
The ratio of the probability of an event happening to the probability of it not happening, often used in gambling and statistics.
Probability
A numerical representation, ranging from 0 to 1, indicating the probability of an event's occurrence.
Explanatory Variable
An explanatory variable is a type of independent variable that is used to explain variations in the dependent variable.
Statistical Inference
The process of drawing conclusions about a population's characteristics based on a sample drawn from it.
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