Want this question answered?
The theoretical probability is 1. Lots of people have done it in the course of their lives so it is an event that has happened and will happen again.
That should be rather obvious as these people seem to speak in math. Computer science to theoretical mathematics.
The Monty Hall Problem is an example that shows people are not always good at correctly estimating probabilities. To be fair, the problem is sometimes describedpoorly. The problem is obviously related to the theory of probability, in mathematics.
4.2 Compare, giving examples, ways in which services for children, young people and their carers take account of and promote equality, diversity and inclusion to promote positive o utcomes.
You calculate the statistical probability of dying in a plane crash in the same way that you calculate the probability of anything else. You simply divide the number of expected outcomes by the number of possible outcomes. To determine the statistical probability of dying in a plane crash, you divide the number of people that have died in a plane crash by the number of people that have flown in planes. You can aggregate this anyway you want, over whatever period of time you want, so long as you properly state the conditions under which you perform your calculation.
no!
People collect data to gain insights, make informed decisions, identify trends/patterns, solve problems, measure performance, and improve processes. Data collection helps in understanding the past, predicting the future, and optimizing outcomes in various fields such as business, research, healthcare, and many others.
people concerned with the theoretical aspects of a subject.
Many people respect Nate Silver's FiveThirtyEight blog, which can be found on the New York Times website. I enclose the link. Silver is well-known for his non-partisan, and very accurate, analysis of polls and trends.
People predict so they can think about what they possible conclusions are. When you are reading a book, and predicting, you are obviously engaged in the book and you really want to know what happens. predicting helps so that what comes as the result, isn't such a big surprise.
I am guessing SamJoe, means SAM and JOE not one person, so three people flip a coin, we have two outcomes each times, so 23= 8 possible outcomes. If you had n people, there would be 2n outcomes. For example, if two people flip there are 4 outcomes HH TT HT or TH
predicting a hurricane can help by putting it on the news and telling people its coming so they have to leaf somewhere where its safe and where the tornado wont reach them.
There are no sure and positive outcomes. Group therapy will help some people and fail with others.
people concerned with the theoretical aspects of a subject.
Human geographers can help people by predicting natural calamities such as floods.
Human geographers can help people by predicting natural calamities such as floods.
Oh, dude, it's like asking the difference between a taco and a burrito - they're both delicious, but they have their own unique flavors. Stochastic is more about randomness and unpredictability, while probabilistic is all about calculating probabilities and likelihoods. So, like, stochastic is the wild card at the party, and probabilistic is the one crunching numbers in the corner.