Back to all questionsStatistics
What is the difference between likelihood and probability?
Tags
Data Analyst
Marketer
General
Explain the mathematical relationship between these concepts, specifically highlighting how likelihood is a function of parameters given fixed data, while probability is a function of data given fixed parameters.
Companies Asking this quesiton.
Very hard Difficulty
Very-hard questions are the ultimate test of your expertise and preparation. They demand not just knowledge, but creativity and strategic thinking, often addressing unique or highly technical aspects of your field.
Statistics question
Statistics questions assess your understanding of data analysis principles. Show your knowledge of probability, statistical inference, experimental design, and how you apply quantitative methods to interpret data and draw valid conclusions.