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Empirical probability

Empirical probability

It uses the probability of the number of times an outcome can happen within the given sample set, to interpret a particular outcome of an action. To prove any theory, the evidence must be collected in the form of quantitative observation.

The study involves the use of live market data (and commodities market trends) to get real-world buy trends. Many experts disapprove of the method for the projection of results. 

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