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Give your opinion on the below discussions 100 words each no plagiarism please 1 There are some areas where probability plays a bigger role and

Give your opinion on the below discussions 100 words each no plagiarism please

1

There are some areas where probability plays a bigger role and is considered absolutely necessary. For example, Finances and economics. Knowledge of probability in these fields is essential for the development of new theories and/or for the testing of their validities through the analysis of real-world data.

2

Gamblers and financial analysts for example would be individuals who on a daily basis consciously utilize probability,

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