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Where probability is used today?

Anonymous

∙ 16y ago

Updated: 4/28/2022

Weather forecasts, engineering, sales and advertising, etc. It is used very often when risk or potential volume must be determined, such as in size of streets for future development, or buying and selling of goods. Probability also has a large role in quantum physics.

Wiki User

∙ 16y ago

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Q: Where probability is used today?

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What symbol is used for probability of success in statistics?

A "p" is used for probability of success. A "q" is used for probability of failure.

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Yes decimals are used in probability; also percent and odds.

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How does the experimental result differ from the theoretical in terms of accuracy?

Provided that the correct model is used, the theoretical probability is correct. The experimental probability tends towards the theoretical value as the number of trials increases.Provided that the correct model is used, the theoretical probability is correct. The experimental probability tends towards the theoretical value as the number of trials increases.Provided that the correct model is used, the theoretical probability is correct. The experimental probability tends towards the theoretical value as the number of trials increases.Provided that the correct model is used, the theoretical probability is correct. The experimental probability tends towards the theoretical value as the number of trials increases.

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