Think about situations or types of problems where probabilities are useful. Describe a specific situation/problem involving probabilities. Explain how and why probabilities might be useful in this situation. Give a specific example of how probabilities are used in this situation. How are probabilities important to decision making in this situation? If they are not, then discuss why not. 200 WORDS , 1 REFERENCE APA STYLER

Think about situations or types of problems where probabilities are useful.

  1. Describe a specific situation/problem involving probabilities.
  2. Explain how and why probabilities might be useful in this situation.
  3. Give a specific example of how probabilities are used in this situation.
  4. How are probabilities important to decision making in this situation? If they are not, then discuss why not.

200 WORDS , 1 REFERENCE APA STYLER

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