Describe an event that has a low likelihood in your life

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Question 1:  Bayesian Inference deals with the Likelihood or Probability of an Event. Briefly describe an event that has a low likelihood of happening in your life, but that you are sometimes concerned about anyway. Are there any sources of information that seem to be influencing your perception of this event's likelihood?
Question 2: Briefly describe an event that is fairly common and has a high likelihood of occurring in your daily life. Are you more or less concerned about this high likelihood event than the low likelihood event?
Question 3: Lastly, let us know what you think works better for you in your life: Is it better to be concerned most of the time with high likelihood events in your life or low likelihood events?

Reference no: EM133316962

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