Compare+probability+ans+statistics

//Probability// deals with predicting the likelihood of future events, while //statistics// involves the analysis of the frequency of past events.

Probability Example: A spinner has 4 equal sectors colored yellow, blue, green and red. After spinning the spinner, what is the probability of landing on each color?

The possible outcomes of this experiment are yellow, blue, green, and red.


 * P(yellow) || = || __# of ways to land on yellow__ || = || __1__ ||
 * ^  ||^   || total # of colors ||^   || 4 ||
 * P(blue) || = || __# of ways to land on blue__ || = || __1__ ||
 * ^  ||^   || total # of colors ||^   || 4 ||
 * P(green) || = || __# of ways to land on green__ || = || __1__ ||
 * ^  ||^   || total # of colors ||^   || 4 ||
 * P(red) || = || __# of ways to land on red__ || = || __1__ ||
 * ^  ||^   || total # of colors ||^   || 4 ||
 * P(red) || = || __# of ways to land on red__ || = || __1__ ||
 * ^  ||^   || total # of colors ||^   || 4 ||
 * ^  ||^   || total # of colors ||^   || 4 ||

Statistics Example: