Statistics is an area of mathematics that deals with the collection, analysis, interpretation, organization, and presentation of data. The field of statistics is divided into two main areas: the area of descriptive statistics, which tries to describe an already existing group of values, and the area of inferential statistics, which tries to predict upcoming values based on the information found in the current set of values.
Statistical learning is a branch of applied statistics that is related to machine learning. Machine learning, which is closely related to computational statistics, is an area of computer science that tries to learn from data and make predictions about it without being specifically programmed to do so.
Statistical models try to interpret data as accurately as possible. However, the accuracy of a model might depend on...