MTH202 GDB 1 Spring Solution 2020 || Mth202 GDB 1 Solution 2020 by Muhammad Luqman || com-tech for students
Application of probability in our
daily life
There is a
number of different types of activities people engage in that involve
probability and chance.
Ø Probability
about weather
Nearly every day you use
probability to plan around the weather. Weather specialist can’t predict
exactly what the weather will be. They calculate based on the percentage.
Ø Sport
probability
The best
sport strategies for games and competitions based on the performance of the
player in the previous match the person decides the probability.
Example:
A cricket
player with 800 runs average has more chance to get a hit.
Ø Probability
on insurance
it determine which plan
are best for the person. It also determines what deductible amount the person
needs.
Example:
A person use probability
to determine how likely it is that the person need a file to claim for choosing
an insurance
Ø Probability
in game
We use probability when
we play card, or video games. All these games basically involve luck or chance.
Ø medical
field probability
Probability can be used
in health department in hospital. These are two chances for patient that he\she
can die as well as recovered so the probability of this happening is out of 2.
Ø Making
decision in probability
The team members of
cricket team want to play cricket. But they are not able to decide that which
team will batting or balling first. So they decide to toss the coin.
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