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

Limit properties, Limit Properties :  The time has almost come for us t...

Limit Properties :  The time has almost come for us to in fact compute some limits.  Though, before we do that we will require some properties of limits which will make our lif

Geometry, calculate the area of a trapezoid with height 8cm base 18cm and 9...

calculate the area of a trapezoid with height 8cm base 18cm and 9cm

An example of build upon the child''s background, What are the other differ...

What are the other differences between learners that a teacher needs to keep in mind, while teaching?  Let us see an example in which a teacher took the pupil's background into acc

Find the frame of a quadratic polynomial , If α, β are the zeros of the pol...

If α, β are the zeros of the polynomial x 2 +8x +6 frame a Quadratic polynomial whose zeros are a)  1/α and  1/β b) 1+ β/α , 1+ α/β. Ans. P(x) = x 2 +8x +6 α + β = -8

Venn diagram, A venn diagram is a pictorial representation of the sam...

A venn diagram is a pictorial representation of the sample space of an experiment. It is usually drawn as a rectangular figure representing the sample space and it cont

Algebra, solve for y 3x+4y=7

solve for y 3x+4y=7

Coordinate geometry, find the points on y axis whose distances from the poi...

find the points on y axis whose distances from the points A(6,7) and B(4,-3) are in the ratio 1:2

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