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Probability Simulations: Solve complex probability problems using randomness: Part 1
May 24, 2022, 3:36 p.m. | Pratha Pawar
Towards Data Science - Medium towardsdatascience.com
Estimate the probability of favorable outcome/s by designing experiments and repeating them several times in the virtual world.
We all have dealt with probabilities in our life. Be it in a game which requires rolling a dice or dealing with cards, or estimating our chances of winning on sports bets, or be it in calculating the effectiveness of a vaccine. Probability shows up everywhere where you want to estimate a “chance” of a favorable (or not) outcome/s out of all …
bayes-theorem data science part probability randomness simulation simulations statistics
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