Introduction to Probability and Statistics

Introduction to Probability and Statistics involves studying how to analyze data and make informed decisions under uncertainty. Probability quantifies the likelihood of events occurring, helping us understand chances and risks. Statistics involves collecting, organizing, and interpreting data to identify patterns or draw conclusions. Together, they enable us to make predictions, evaluate outcomes, and support decision-making in everyday life, business, science, and more. Essentially, these fields provide the tools to understand variability, measure confidence, and make sense of complex information with clarity and precision.