For lucratif reasons, i'd say it would be nice if a casino owner, or his staff, knows something about probability.
One Word----VEGAS!
Help! I have no clue what profession uses empirical probability. Linda in Nevada
ratio and gambling
The two primary uses of probability are descriptive and inferential statistics. Descriptive probability involves summarizing and analyzing data to describe its characteristics, while inferential probability uses sample data to make predictions or generalizations about a larger population. Together, these uses help in understanding uncertainty and making informed decisions based on data.
Theoretical probability.
For any event A, Probability (not A) = 1 - Probability(A)
There is a high probability that this sentence will not qualify as a good sentence.
Classical Probability!
The uses of probability could be for the lottery, black jack or, your math homework. Actuaries use probability factors to determine costs and risks. It is an entire science of its own and has a certification process. Insurance companies hire many actuaries to do probability calculations and create mortality tables.
every sector that wants to exploit the ignorant mass, (ab-)uses probability
No one! It's pointless in life and will get you nowhere.
False.