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A probability provides a quantitative description of the likely occurrence of a particular event.
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What does marginalising out means?
I am reading an article and it says the following and I quote:
In particular, if we define SNP-heritability h as the proportion of variance explained by the SNPs included in the model after marginali …
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Importance of a Random Variable [duplicate]
I've been reading about random variables and I don't get as to what is the importance of a random variable in statistics? I mean why is it a useful concept?