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Real-World Applications of Probability. Probability plays a key role in various real-world situations. Think of a specific scenario, such as predicting weather conditions, assessing risks
Real-World Applications of Probability.Probability plays a key role in various real-world situations. Think of a specific scenario, such as predicting weather conditions, assessing risks in insurance, or determining the outcome of a sports event. How does probability influence decision-making in your chosen scenario? Describe the factors that could affect the probability, and discuss how understanding probability can lead to better outcomes.
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