Mathematical statistics is the study of statistics from a mathematical standpoint, using probability theory as well as other branches of mathematics such as linear algebra and analysis. The term "mathematical statistics" is closely related to the term "statistical theory" but also embraces modelling for actuarial science and non-statistical probability theory.
Statistics deals with gaining information from data. In practice, data often contain some randomness or uncertainty. Statistics handles such data using methods of probability theory.
Read more about Mathematical Statistics: Introduction, Statistics, Mathematics, and Mathematical Statistics
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“What is history? Its beginning is that of the centuries of systematic work devoted to the solution of the enigma of death, so that death itself may eventually be overcome. That is why people write symphonies, and why they discover mathematical infinity and electromagnetic waves.”
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