How do probability and statistics play a crucial role in decision-making in everyday life? Provide examples from your own experiences or observations to illustrate the impact of these concepts on real-life situations.

In 2-3 paragraphs, show an example of how probability and statistics affect you. As you provide your example, think about what could go wrong as well. For example, if someone misinterpreted a statistical equation, how could it affect you?

Response to a classmate:

Do you have any similarities with what your classmate described?

What else could go awry if the probability or statistics aren't interpreted correctly?