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However, the mathematics of probability has rules that you can use in a much more disciplined way than guesswork to predict possible outcomes for your business plans. Understanding the importance ...
In addition, people without formal training in the basic rules of probability sometimes make incorrect predictions. However, babies seem to have an intuitive sense of probability.
Everyone that is not familiar with regression should try to attend Jennifer's short-course this semester. Review any notes you may have on the basic rules of probability.