Is probability useful in real life?
February 17, 2013 Leave a comment
The question is simple. The best way to answer to the question is to give examples. Here they are:
How many cowboys are expected being alive after a gun fired in a saloon?
How many people in a block building have the same birthday as yours?
How much time do I expect to spend guessing a 5 digit password?
Does a prince have a chance to be chosen by a princess?
How much money does a casino earn everyday?
What is chance that a rocket launch will be successful?
Does a nuclear reactor explode if 4 of 100 its nuts fail?
We don’t use probability on daily basis. Sometimes, simple probabilistic calculations help us to make wise decision and avoid risk. My answer to the title’s question is YES. And yours?
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