Probability vs statistics debate

garimella · Dec 30, 2020

I have seen numerous post on the difference between probability and statistics. I am not very clear as where do they coincide and at what point do they diverge. Can somebody provide the essence in simple words

andre_luis · Dec 30, 2020

You can find everywhere on the Web clear defintitions on that, anyway, in simple words...

Probability refers to the determination of a mathematical model with which you will be able to predict the likeliho of further events even having no sample yet, whereas statistics deals with an amount of samples of past events with wich you will infer the pattern with best approximates the likewood of its happening.

Probability vs statistics debate

garimella

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andre_luis

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Probability vs statistics debate

garimella

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