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Results tagged with probability
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user 192551
A probability provides a quantitative description of the likely occurrence of a particular event.
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Would you flag this data as fraudulent?
Although the evidence is quite compelling, it would be good to attach a probability to the report, just to give an idea of how bad that data looks. … From that, I would use the CDF of y to calculate the probability of Y falling between -0.5 and 0.5, which would be P(A) = 0.0005699175
pnorm(0.5, sd = 700, lower = TRUE) - pnorm(-0.5, sd = 700, lower …
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