I can not give you a simple answer. It is very individual and subjective. I will assume that you are referring to probability theory. Statistics is based on an understanding of probability theory. Many professions require basic understanding of statistics. So, in these cases, it is important. Probability theory goes beyond mathematics. It involves logic and reasoning abilities. Marketing and politics have one thing in common, biased statistics. I believe since you are exposed to so many statistics, a basic understanding of this area allows more critical thinking. The book "How to lie with statistics" is a classic and still in print. So, while many people would probably say that probability theory has little importance in their lives, perhaps in some cases if they knew more, it would have more importance.
how theory of probability used in real life
Probability is everywhere! If you are entering a raffle, wouldn't you like to know what the probability of you winning is? Or perhaps the lottery? If you need to pick a certain color marble out of a bag of marbles to win a prize, wouldn't you like to know the probability of picking the winning color? Probability is everywhere and can help you in life.
=Probability is used in many ways.==For example:==* gambling==*bettting odds==and anywhere in the world!=
to get mony to have food
lol answer it for urself dont rely on this ,this is troll
the importance of probability of our life is wait example: A: he is doing a coin toss now... B:really, ok tell me he is going to get head or tail. A: the probability is 50/50 i dont no. seee you stupid,,,,,,idiot......i am telling those words becuz i dont even really know the ans ;P
# of successes = probability or change total
Lengendre was the one who introduced the importance of probability to statistics.
how theory of probability used in real life
he is the one who introduce the importance of probability in statistics
importance of business in our daily life
Meitnerium hasn't any importance for the life.
Probability is everywhere! If you are entering a raffle, wouldn't you like to know what the probability of you winning is? Or perhaps the lottery? If you need to pick a certain color marble out of a bag of marbles to win a prize, wouldn't you like to know the probability of picking the winning color? Probability is everywhere and can help you in life.
Life is of great importance.
Importance of English in social life
Probability in real life can be said as something that usually happens. No one can predict the future, however; one can determine how likely it is that something will or will not happen.
it importance to sustain a progress life