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1. Inference is concerned with constructing models that use past data to predict the outcomes for new data points. True or False? 2. You plan
1. Inference is concerned with constructing models that use past data to predict the outcomes for new data points. True or False?
2. You plan to roll a six-sided fair dice 60 times. You figure about 10 of those rolls should be threes. But after 59 rolls, you've rolled a three only five times. The probability of a three on the last roll is now higher than just 1/6. True or False?
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