Preparing enough food for the guests at a dinner party - 16 people x 1 potato each = 16 potatoes. 16 people x 8 ounces of steak each = 128 ounces of steak = 8 pounds of steak.
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You will use them when figuring out tips at a restaurant, figuring out how much more than one of an item will cost, finding unit price for comparison in stores that do not provide the information, and for many other practical things.
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.
Believe it or not, school is a real life situation. If you are using it in school it real life for you.
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