Question

Describe probability and statistics

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Answered by GPT 3.5
Probability is the likelihood that a specific event will occur, expressed as a numerical value between 0 and 1, with 0 meaning the event is impossible and 1 meaning the event is certain. Statistics, on the other hand, is the study of collecting, organizing, analyzing, and interpreting data in order to make informed decisions and predictions. Probability and statistics are closely related, as probability theory is often used to analyze and interpret statistical data. Together, they provide a framework for understanding and predicting outcomes based on empirical data and mathematical principles.

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