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What Is Likelihood In Statistics?
What Is Likelihood In Statistics? Table Of Contents: What Is Likelihood? What Is Likelihood Function? (1) What Is Likelihood? Probability in statistics tells us about, what is the percentage of chance that the event is going to happen, give we should know the distribution of the data points, like normal distribution, exponential distribution etc. Likelihood in statistics tells us that, given all the data points we need to find out which distribution the data points are falling into. Here our main focus is to find out the distribution estimates like, the mean and standard deviation of the population. In Likelihood
