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Earn +20 ptsQ: What is a good probability project?
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Continue Learning about Math & Arithmetic
What is a good sentence for probability?
There is a high probability that this sentence will not qualify as a good sentence.
Use of statistics in business?
Managers use statistics to assess risks. When a project has a high probability of being unsuccessful, managers will avoid the project.
Is probability an observation?
No. A probability means, how likely it is for something to happen. An observation of SEVERAL similar events can give you a good ESTIMATE of the probability.
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
What is the probability of a car breaking down?
Zero, if you have a good maintenance program.
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