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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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βˆ™ 15y ago
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βˆ™ 12y ago

to know the chance factor behind the problem

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Q: What are the use of probability?
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Related questions

What is the probability of not rolling a seven?

That depends on how many dice you use. For example, if you use a single die, the probability is 100%.


What jobs use probability and how do they use it?

every sector that wants to exploit the ignorant mass, (ab-)uses probability


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its easy idiots, you use it when guessing :)


Use of probability in computer science and information technology?

application of probability in computer science


Why is it important to understand probability?

it is important to understand probability you may lose a good chance of winning something if you dont get or use probability at that time


When do you use poisson probability?

When you have independent events which have a constant probability of occurrence over an interval of space or time.


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Probability is the ratio of the count of anticipated outcomes divided by the count of all outcomes.


What do scientist use to predict the locations of electrons of atoms?

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When would you use probability in everyday life?

Weather people use probability to predict weather in the future based on passed recent weather and by clouds and winds