Question

How probability and statistics are related?

Explain the role of probability in statistics according to the following rules:

Your posts must be written according to the following criteria:

• Must demonstrate your understanding of the topic.
• Connections between videos content and textbook content should be exhibited.
• Relate new information with personal experience.
• Discuss at a critical level – don’t just recite facts from your readings or discussion. Critical discussion includes your opinion of items mentioned, but also includes the reasons you hold that opinion, and why it may be inconsistent or consistent with what you’ve learned. Justify your reasoning with facts. How does what you’re presenting affect present and future situations?

Answer 1