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What actually occurs in a probability experiment?
In a probability experiment, various outcomes are possible and the experiment is conducted to observe which outcomes occur. The experiment is performed repeatedly to collect data and determine the likelihood or probability of each outcome happening. The results of the experiment are analyzed to understand and make predictions about future occurrences of the event.
How can you use probability to predict traits?
Probability can be used to predict traits by analyzing data from a large sample size. By calculating the likelihood of a certain trait occurring based on the frequency of its occurrence in the sample, predictions can be made about the probability of that trait appearing in future individuals. This allows for a quantitative approach to estimating the likelihood of certain traits being inherited or expressed.
What can be used to make predictions?
A educated guess or hypothesis depending on what it is like something simple (predicting a math or science question).
What person used gambling to make a living and as a result of incorrectly computing the probability of a game caused mathematicians to develop formal probability theory?
Gerolamo Cardano (1501 - 1576).
How is probability used in business management?
Probability is often used to develop projections, forecasts and budgets.
