I have stressed this distinction because it is an important one. It defines the fundamental difference between probability and statistics: the former concerns predictions based on fixed probabilities

I have stressed this distinction because it is an important one. It defines the fundamental difference between probability and statistics: the former concerns predictions based on fixed probabilities

the latter concerns the inference of those probabilities based on observed data.
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I have stressed this distinction because it is an important one. It defines the fundamental difference between probability and statistics: the former concerns predictions based on fixed probabilities

the latter concerns the inference of those probabilities based on observed data.
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