Yes.
To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.
The answer depends on whether the question is in the context of a deck of playing cards or some other collection, whether or not the cards are replaced after picking, whether the cards are selected at random. Since there is no information on any of these aspects, it is not possible to give a useful answer to the question.
When there is uncertainty about the outcome of a trial or experiment.
The probability depends on the nature of the outcomes in the set: whether or not they are mutually exclusive, independent.
The answer depends on:the probability of each hit,whether or not the probability of a hit remains constant,whether or not the hits are independent.Since you have not bothered to share any information on these matters, I cannot provide a more useful answer.
Statistics is based on the theoretical foundation of probability.
Yes.
To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.To decide whether or not to take an umbrella as you go out, you need to know the probability that it will rain.
The answer depends on whether the question is in the context of a deck of playing cards or some other collection, whether or not the cards are replaced after picking, whether the cards are selected at random. Since there is no information on any of these aspects, it is not possible to give a useful answer to the question.
When there is uncertainty about the outcome of a trial or experiment.
The probability depends on the nature of the outcomes in the set: whether or not they are mutually exclusive, independent.
Forecasting is important because it helps managers prepare for changes in their industry. With the right forecasting, companies can have the products their consumers want with out any shortages or overages.
It depends on whether or not the events are independent.
Poor forecasting introduces variables to the future of an organization. Whether it is money in business, or any other forecast, knowing more about the future will help plan the present.
The moon for the tides. The man-made ones for communications, weather forecasting, GPS, and spying on each other.
None. If you have an exact relationship - whether it is linear, polynomial, logarithmic or whatever - probability has no role to play.