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:
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?