Instance of probability and statistics in real life

Reference no: EM13118235

Examples of Probability and Statistics in Real Life
Can you think of situations in the business world or other real life situations where you would need to calculate or estimate probabilities?

From a business perspective, which measurement is more important the mode, mean, or median?

Reference no: EM13118235

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Instance of probability and statistics in real life : Examples of Probability and Statistics in Real Life, Can you think of situations in the business world or other real life situations where you would need to calculate or estimate probabilities?

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