Description
Choose any one of the concepts from this course and explain how you could use the concept to make a substantial improvement to either your personal or professional life. If you are not currently employed, you may refer to a previous work organization, or you may choose an organization from your personal life – such as a Marymount student organization. Use the following format and see the instructor for any further requirement clarifications.
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Forecasting concept
I am very passionate toward football and this has always attracted me not once or twice
toward betting, therefore I want to improve on my betting criteria. The problem here is most of
the time I place my bet I rarely win and the most of the times I am lucky to win, is when I am
placed a bet of my favorite time only, if I have to include more than five teams in one bet, the
probability of winning has always been zero. The forecasting concept will be of significance
since it will help me in doing a very thorough analysis of the team past score, the mode of
scoring, and the time they really score or lose in order to predict its outcome in a match.
Forecasting will help in making decisions on which teams to pick for a bet because their
probability of scoring is very high and which teams produces always similar result in a match.
This analysis will help in the selection of teams with winning pos...