Statistics and Probability
SHS-Core_Statistics-and-Probability-CG.docx
Together, statistics and probability play a crucial role in various fields such as science, social sciences, engineering, finance, and more. They help in decision-making, risk assessment, forecasting, understanding patterns in data, and drawing meaningful conclusions from observations or experiments. Probability serves as the theoretical basis for statistical inference, which allows us to make judgments or predictions about populations based on samples.