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Statistics is actually a department of applied arithmetic Statistics is used in many alternative fields to help make decisions. Many statistical solutions are employed to get the conclusion for structured facts (mostly numerical information) and make the most beneficial visualization of this data.

two. Beta distribution – Beta distribution is a versatile way of representing results for proportions or percentages.

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5. Logistic distribution – Logistic distribution is usually a continual likelihood distribution whose cumulative distribution function is the logistic operate. It is comparable to normal distribution but has the next kurtosis.

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