Maths

What is the difference between Statistics and Probability?

Statistics is the science of counting, examining, and drawing inferences from a set of repeated observations. Statistics is also the mathematical study of data in general. Probability is the frequency of occurrence or non-occurrence of an event with respect to some class of outcomes. Statistics is usually defined as the study of statistics. It is the process of collecting data from a given population and using it to create a statistic. These statistics can be used for a variety of purposes, such as comparing two different groups. Probability is the measure of the likelihood that an event will occur, taking into account certain variables. For example, probability tells us what percentage of time an event will happen in total.

 

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