Description
Do you use probability in your profession or real life? You most likely do without consciously knowing it. Give one example of how you have used probability in your life. Were you able to determine the probability based on the classical method, the relative frequency method, or the subjective method? Explain. Now think about all the times you do use probability each day and explain which of the three methods you utilize the most throughout the day, and why.
Explanation & Answer
Attached.
Running head: APPLICATIONS OF PROBABILITY
Applications of Probability
Student’s name
University
Year
1
APPLICATIONS OF PROBABILITY
2
Applications of Probability
Probability is a discipline which has a wide range of applications in real life. I apply
probability almost on a daily basis while planning around weather and on what to wear based on
how the daybreak comes. When the sun rises bright and it’s warm in the morning, I use
probability to forecast that the rest of the day is like...
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