What real-life scenarios/industries, in your opinion, must be making/make use of the probability theory/concepts? I want another answer instead of
What real-life scenarios/industries, in your opinion, must be making/make use of the probability theory/concepts? I want another answer instead of
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Question
What real-life scenarios/industries, in your opinion, must be making/make use of the
I want another answer instead of
Probability theory concepts used in real life scenarios and industry
a) weather planning
b) Sports strategies
c) Games
a) weather planning :
Weather forecasting can be done by saying 60 out of 100 days it has rained such that there is 60% chances of raining.
b) Sports strategies :
Sports strategies helps to estimate the spider man average performance and predicting to play his next match.
c) Games :
The probability strategies are used in poker , gambling , Rummy etc.
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