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What are the use of probability?

Updated: 11/20/2022
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11y ago

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The uses of probability could be for the lottery, black jack or, your math homework.

Actuaries use probability factors to determine costs and risks. It is an entire science of its own and has a certification process. Insurance companies hire many actuaries to do probability calculations and create mortality tables.

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14y ago
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11y ago

to know the chance factor behind the problem

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