Logo
Search
Search
View menu

Probability

Presentations | English

What is probability? What is the important of probability? Why is probability important in real life? You use probability in daily life to make decisions when you don't know for sure what the outcome will be. Most of the time, you won't perform actual probability problems, but you'll use subjective probability to make judgment calls and determine the best course of action. Probability provides information about the likelihood that something will happen. Meteorologists, for instance, use weather patterns to predict the probability of rain. In epidemiology, probability theory is used to understand the relationship between exposures and the risk of health effects. How is probability used in decision-making? You can calculate the probability that an event will happen by dividing the number of ways that the event can happen by the number of total possibilities. Probability can help you to make better decisions, such as deciding whether or not to play a game where the outcome may not be immediately obvious. Don’t you think that you need to know more about probability? Let’s learn more about the topic, shall we?

Picture of the product
Lumens

12.50

Lumens

PPTX (50 Slides)

Probability

Presentations | English