Difference between probability and statistics, Mathematics

Assignment Help:

Q. Difference between Probability and statistics?

Ans.

Probability and statistics are used in many different aspects of life. What are they and why are they so popular?

Probability is the way we measure how likely it is that an event will happen. It is a number between 0 and 1. A probability of 0 means that there is no chance at all of the event occurring. On the other hand, the event is certain to occur if the probability equals 1.

The study of statistics involves a few aspects. The collection of data, the analysis of the data and the conclusions arrived at from the analysis. This description might seem a little mysterious at the moment.


Related Discussions:- Difference between probability and statistics

Simulation model, Thorwarth M., Arisha, A. and Harper P., (2009) Simulation...

Thorwarth M., Arisha, A. and Harper P., (2009) Simulation model to investigate flexible workload management for healthcare and servicescape environment, Proceedings of the 2009 Win

Order of Operations with Fractions, 1.)3 3/8 divided by 4 7/8 plus 3 2.)4 ...

1.)3 3/8 divided by 4 7/8 plus 3 2.)4 1/2 minus 3/4 divided by 2 3/8

Geometry, Note on point of tangent

Note on point of tangent

Solve step by step, Use an appropriate infinite series method about x = 0 t...

Use an appropriate infinite series method about x = 0 to find two solutions of the given differential equation: y''''-xy''-y=0

How to calculate mode, Q. How to calculate Mode? The mode of a data set...

Q. How to calculate Mode? The mode of a data set is the value that is repeated most often in the data set. It has the highest frequency. There can be one, more than one, or n

Linear graph, in the form of linear graph interpret the ralationship betwee...

in the form of linear graph interpret the ralationship between two quantities

Is this a sample statistic.., jenna asked 100 of her schoolmates if they ha...

jenna asked 100 of her schoolmates if they have had their first kiss and 43 of them said yes

What is plotting points, What is Plotting Points? To "plot" or "graph" ...

What is Plotting Points? To "plot" or "graph" values means to find points on a number line. The numbers four, negative two, negative three, zero, two, and negative four are bei

Combination, Combination A combination is a group of times whether ord...

Combination A combination is a group of times whether order is not significant. For a combination to hold at any described time it must comprise of the same items however i

Triangles, In a triangle ABC, D &E is a are points on AB & AC ,if the one s...

In a triangle ABC, D &E is a are points on AB & AC ,if the one side of a triangle is 4cm & another side is 5 cm find that the ar(triangleABC):ar(BCDE)

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd