Compare formative with summative assessment. What is the difference between them?

The
original question had to be edited.  The process of using formative and summative assessments
are critical to gauge student learning and progression in a particular concept.  Both are
important and both can be used in a strategic manner to read where students are and where they
need to be.  In analyzing the purposes and ends of both, one sees the differences between
them.

In the formative assessment, teachers are seeing where
students are in an ongoing process of learning.  Formative assessments are not as
stringent as summative assessments.  They can be informal or formal, but they are administered
in the course...