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How probability and statistics are related? Explain the role of probability in statistics according to the following...

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Statistics

How probability and statistics are related?

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

Your posts must be written according to the followingcriteria:

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

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