 Probability and Mathematical Statistics

Probability and Mathematical Statistics are two closely related fields within the broader discipline of mathematics that deal with the analysis, interpretation, and presentation of numerical data and uncertainty. ### Probability **Probability** is the mathematical study of random phenomena. It provides a framework for quantifying uncertainty and making predictions about the likelihood of various outcomes. Here are some key concepts: 1. **Random Experiment**: An operation or process that produces outcomes that cannot be predicted with certainty.