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Probability: The likelihood that a thing will happen, expressed because the ratio of favorable results to all feasible results.

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SAS stands for Statistical Assessment System. Statistical Assessment is a component of data analytics. In organization intelligence (BI), statistical Investigation involves accumulating and scrutinizing each and every facts sample in a established of items from which samples could be drawn.

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Statistics is outlined for a branch of arithmetic that collects, analyses, records and interprets numerical info which are structured in a certain way to be able to respond to queries.