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Because there are many events whose outcomes cannot be determined. However, using probability it may be possible to make a good estimate as to the outcome.

Because there are many events whose outcomes cannot be determined. However, using probability it may be possible to make a good estimate as to the outcome.

Because there are many events whose outcomes cannot be determined. However, using probability it may be possible to make a good estimate as to the outcome.

Because there are many events whose outcomes cannot be determined. However, using probability it may be possible to make a good estimate as to the outcome.

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9y ago

Because there are many events whose outcomes cannot be determined. However, using probability it may be possible to make a good estimate as to the outcome.

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Q: Why do you need probability in real life?
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2 examples how the theory of probability is applied in real life situations?

how theory of probability used in real life


What are real life examples of probability?

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Relation between expected return in real life and probability?

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Application of statistics in real life?

Statistics is used in many places especially when you are the head of a business and you need to calculate probability and things like that.


How is probability used in real life?

=Probability is used in many ways.==For example:==* gambling==*bettting odds==and anywhere in the world!=


What is probability in everyday life?

Probability in real life can be said as something that usually happens. No one can predict the future, however; one can determine how likely it is that something will or will not happen.


How will probability help me in life?

Probability is everywhere! If you are entering a raffle, wouldn't you like to know what the probability of you winning is? Or perhaps the lottery? If you need to pick a certain color marble out of a bag of marbles to win a prize, wouldn't you like to know the probability of picking the winning color? Probability is everywhere and can help you in life.


How can the probability of a coin landing on heads or tails be useful in real life?

There are many event, in real life, which have binary outcomes (A or B0 which are equally likely. In studying such situations the coin probabilities are obvious analogies.


Importances of probability in real life?

the importance of probability of our life is wait example: A: he is doing a coin toss now... B:really, ok tell me he is going to get head or tail. A: the probability is 50/50 i dont no. seee you stupid,,,,,,idiot......i am telling those words becuz i dont even really know the ans ;P


How to say you need a real women in my life in spanish?

to say YOU need a real woman in YOUR life you would say Tu necesitas una mujer real en tu vida. to say I need a real woman in MY life you would say Yo necesito una mujer real en mi vida.


What does life isn't a sitcom?

Life is real you need to act like it


Use of probability in daily life?

I see that you have edited this question in the sex categorie. An example of probability. If you have 5 % of chance (1 of 20) of having sex with a girl met in street just asking her "do you want to sleep with me ? ", you will have sex once for every 20 girls you ask. Good Luck Probability does not often match with real life :0))