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Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data. Probability is the branch of mathematics that deals with the analysis of random phenomena. The two concepts are related in that probability is used to quantify the uncertainty associated with random events.
Statistics is a branch of mathematics that deals with the collection, analysis, interpretation, presentation, and organization of data. There are many different types of statistics, but some common examples include: Descriptive statistics, Inferential statistics,and Multivariate statistics.
Probability is the branch of mathematics that deals with the analysis of random phenomena. The two concepts are related in that probability is used to quantify the uncertainty associated with random events. Some common examples of probability models are: Binomial distributions, Poisson distributions, and Normal distributions, which are often used to model data sets.
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