Good afternoon. Hope that you are having a wonderful day thus far. I have a few questions if you do not mind answering them for me. First, can you name the 2 methods of computing probabilities? Along with that can you give me an example of the situation where you would use the concept of probability and did you come up with the probability numbers if so which probability formula did you use? If you did not, how do you think this number was computed? Lastly, What are the possible benefits and limitations of using probability approach? Thank you for taking the time to answer my questions in detail.