The theory of probability is the basis of all ______________.

Question

Quizplus · Accepted Answer

The theory of probability is essential in inferential statistics, which involves making conclusions or predictions about a larger population based on a smaller sample. While probability can be used in descriptive statistics, this branch of statistics is more focused on summarizing and describing data. Case study research and focus group research are qualitative research methods that may not rely heavily on probability theory.

The Theory of Probability Is the Basis of All ______________