Data Handling and Probability · Statistics

Chance and Probability

Quantifying the likelihood of events and understanding the scale from impossible to certain.

Key Questions

  1. 1How can we distinguish between theoretical probability and experimental results?
  2. 2Why is a probability of 0.5 often described as being 'fair'?
  3. 3How do insurance companies use probability to assess risk?

CBSE Learning Outcomes

CBSE: Data Handling - Class 7
Class: Class 7
Subject: Mathematics
Unit: Data Handling and Probability
Period: Statistics

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