Probability vs. Likelihood
Автор: Topics in Data Science
Загружено: 2026-01-26
Просмотров: 19
Описание:
Probability vs Likelihood — What’s the Difference?
Probability and likelihood are often used as if they mean the same thing — but in statistics, they answer very different questions.
In this video, we use a simple tornado example to show how probability is used to predict future outcomes, while likelihood is used to estimate unknown parameters from past data. You’ll see how the same function can be used in two different ways, what Maximum Likelihood Estimation (MLE) really means, and how joint likelihood works with multiple observations.
A clear, intuitive explanation designed for anyone learning statistics or data science — no heavy math required.
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