Summary

Statistics is a branch of applied mathematics concerned with collecting, organizing, and interpreting data. The data are represented by means of graphs. Statistics is also the mathematical study of the likelihood and probability of events occurring based on known quantitative data or a collection of data. Probability is a branch of mathematics that deals with calculating the likelihood of a given event's occurrence, which is expressed as a number between 1 and 0. ... Each coin toss is an independent event; the outcome of one trial has no effect on subsequent ones.