Tags Probability

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Math>Statistics

Why is it important to learn probability?

Anonymous

∙ 12y ago

Updated: 4/28/2022

I asked myself that then it appeared more and more in life it helps in cards, spending money, stocks, betting, quite alot of different things.

Wiki User

∙ 12y ago

Still curious? Ask our experts.

Chat with our AI personalities

Lao

The path is yours to walk; I am only here to hold up a mirror.

Chat with Lao

Steve

Knowledge is a journey, you know? We'll get there.

Chat with Steve

Jordan

Looking for a career mentor? I've seen my fair share of shake-ups.

Chat with Jordan

Add your answer:

Earn +20 pts

Q: Why is it important to learn probability?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Statistics

Why is probability important?

http://mathforum.org/dr.math/faq/faq.prob.world.html

Why are repeated trials important?

because they use the effect on probability.

What does it mean to find the compliment of the probability of an event?

The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.The complement (not compliment) of the probability of event A is 1 minus the probability of A: that is, it is the probability of A not happening or "not-A" happening.

Is 1.001 a probability?

No 1.001 is not a probability. Probability can not be >1

What important question must you answer before computing an or probability?

You need to know whether or not the events are mutually exclusive.

Trending Questions

What is the number of possible combinations using 7 digits? What is the probability of picking a diamond out of a 52 card deck of cards? What is the probability that a month picked at random ends with the letter y? What sequence is most likely to result from flipping a fair coin 5 times? What is the outcome of slavery? If a stock has a beta of 1.2 what does that mean? One menstrual cycle usually last how long? Is it possible that population standard deviation is given but population mean is not given? What is 5.647 rounded to nearest hundredth? What is a careful orderly test of a hypothesis? After 5 points are added to every score in a distribution the mean is calculated and found to be m equals 30 What was the value of the mean for the original distribution? When a coin is tossed 7 times in a row what is the probability that heads comes up? What is percentage of silver in 1922 silver dollar? What is the difference between method statement and risk assessment? What does a graph give you a picture of? What is the average weight of 19-year-old female? What is the difference between deviation and variation? If you have a black bag with 4 red marbles 6 green marbles 4 blue marbles and 10 white marbles what is the probability of pulling out a white marble from the bag? What percentage of a normal distribution is located in the tail beyond z equals 2.00? What is a avarge?

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.