What is the difference between statistics and machine learning?

What is the difference between statistics and machine learning?

Statistics focuses on data analysis and interpretation, while machine learning uses algorithms to learn from data.

Can you give me an example of how they are used differently?

Sure! Statistics might analyze survey data to find trends, while machine learning could predict future trends based on that data.

Which one is better for predictive modeling?

Machine learning is generally better for predictive modeling due to its ability to handle large datasets and complex patterns.

Are there situations where statistics is preferred over machine learning?

Yes, in cases where data is limited or when interpretability is crucial, traditional statistics may be more appropriate.