Statistics is the study of collecting, organizing, analyzing, and interpreting numerical data. Probability is the measure of the likelihood of an event occurring.
Probability is used in many practical applications, such as predicting the outcome of games, weather forecasting, and risk assessment in finance and insurance.
An OR equation, or inclusive "or" equation, is a logical statement that connects two or more conditions with the word "or." It means that at least one of the conditions must be true for the overall statement to be true.
Theoretical probability is based on mathematical calculations and assumes that all outcomes are equally likely. Experimental probability is based on actual data from experiments or observations.
In probability, OR is represented by the "+" symbol and is used to calculate the probability of at least one of two events occurring. It is used in situations where both events cannot occur at the same time.