Math, asked by nejac6437, 9 months ago

What is difference between statistics and stochastic?

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Answered by AravindhPrabu2005

Answer:

"Stochastic", on the other hand, is an adjective while both "probability" and "statistics" are nouns, denoting fields of study. To say that a process is "stochastic" is to say that at least part of it happens "randomly"- so can be studied using probability and/or statistics.

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