Probabilistic Decision-Making
A histogram is a graphical representation of the distribution of numerical data, using bars to show the frequency of data points within specified ranges or intervals. It helps to visualize the shape of the data distribution, revealing patterns such as skewness, modality, and the presence of outliers. By organizing data into intervals, histograms make it easier to interpret large sets of data at a glance, which is vital for effective decision-making and analysis.
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