What is PageRank? The PageRank algorithm is a procedure, to assess and weight a lot of linked documents such as the World Wide Web according to its structure.
PageRank was developed at Stanford University by Larry Page (hence the name Page-Rank) and later Sergey Brin as part of a research project about a new kind of search engine.
PageRank is a probability distribution used to represent the likelihood that a person randomly clicking on links will arrive at any particular page. PageRank can be calculated for any-size collection of documents.

Source: Wikipedia

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