Use the AIU Library or the Internet to research and find a situation where proba

Question

Use the AIU Library or the Internet to research and find a situation where probabilities might be useful in daily life or in your chosen career. Complete the following: Explain in detail how probabilities are used in the situation you chose. What makes probabilities useful in this situation? Do these probabilities affect decision making in this situation? Explain your answer. Give a specific example of how probabilities are used in this situation. How are probabilities important to decision making in this situation? If they are not, then discuss why not.

Explanation / Answer

ANSWER:

Possibility is the period used for the probability an event will occur such as sketch an ace from a deck of cards or picking which clothing to wear from the clothing etc.

We use probability in daily life to make decisions when we are not sure around the outcome.

Most of the time we use likelihood to make judgment calls to control the best course of action.

Real Life Scenario

Planning using Weather Forecast:

Meteorologists can't predict exactly what the meteorological conditions will be, so they use tools and instruments to determine the likelihood that it will rain, snow or hail.

For sample, if there's a 60-percent chance of rain, then the meteorological conditions circumstances are such that 60 out of 100 days with similar conditions, it has rained.

We may decide to wear closed-toed shoes rather than sandals or take a canopy to work. In this scenario, Probability helped to cook for a situation which might have caused troublesomeness if we had gone outdoors without an umbrella or were in sandals.

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