Probability is a subset of number theory. A huge branch of mathematics. It is not possible here to explain the ramifications of probability. Many of which are contrary to what appears to be common sense.
Probability is used by insurance companies for instance.
The origin of logic comes from scientific deduction of thought. The only science that is exact, is the science and facts that cannot be known for sure.or at least seen with a physical eye. In the beginning God created the heavens and the earth. So the probability of an exact science is... inconceivable.
Probability is fundamentally linked to various subjects, including statistics, mathematics, and fields like finance, science, and engineering. In statistics, probability provides the foundation for data analysis, allowing researchers to draw inferences and make predictions based on sample data. In finance, it helps assess risk and inform investment decisions. Additionally, probability theory is crucial in fields like computer science for algorithms and machine learning, where it guides decision-making under uncertainty.
1/6 because the other numbers don't affect the probability
The probability of an event is usually expressed as a fraction between 0 and 1 or the corresponding percentage. There are many processes in science that have some random element: from the Brownian motion of molecules in a fluid to genetics. The outcomes cannot be determined in advance: only the probabilities of the possible outcomes.
incident complexity
application of probability in computer science
Some aspects of it are.
Yes, it is an exact science.
science
Bodington
the consumer economic decisions can affect the price and supply of a commodity
Math and i think its Science.
it means "science affect"
how does science affect our daily living
NO
The origin of logic comes from scientific deduction of thought. The only science that is exact, is the science and facts that cannot be known for sure.or at least seen with a physical eye. In the beginning God created the heavens and the earth. So the probability of an exact science is... inconceivable.
What boundaries can slow down the CCC and how can it affect managerial decisions?