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.
The probability of winning two games with the same probability of 0.8 can be calculated by multiplying the probability of winning the first game (0.8) by the probability of winning the second game (0.8). Therefore, the probability is 0.8 * 0.8 = 0.64, or 64%.
No one! It's pointless in life and will get you nowhere.
If you toss them enough times, the probability is 1. For just one toss the probability is 1/4.
Probability is generally split into theoretical and experimental.
Help! I have no clue what profession uses empirical probability. Linda in Nevada
ratio and gambling
Theoretical probability.
name two area where probability is used
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
The probability of winning two games with the same probability of 0.8 can be calculated by multiplying the probability of winning the first game (0.8) by the probability of winning the second game (0.8). Therefore, the probability is 0.8 * 0.8 = 0.64, or 64%.
One Word----VEGAS!
No one! It's pointless in life and will get you nowhere.
The probability, when the 2-dice total is 5, that one of the two dice shows a two is 1/2. The probability that that die is selected is 1/4.The probability, when the 2-dice total is 5, that one of the two dice shows a two is 1/2. The probability that that die is selected is 1/4.The probability, when the 2-dice total is 5, that one of the two dice shows a two is 1/2. The probability that that die is selected is 1/4.The probability, when the 2-dice total is 5, that one of the two dice shows a two is 1/2. The probability that that die is selected is 1/4.
False.