What is use of Probability in Daily life ??

Asked by  | 16th Jan, 2014, 03:12: PM

Expert Answer:

There are numerous uses of Theory of Probability.
Some of the areas, where Theory of Probability is used:
1. Medical Science
2. Gambling
3. Finance
4. Share markets
5. Game Theory
6. Artificial Intelligence
7. Predicting the results of Election poll
8. Forecasting the weather
9. Statistics, etc.....

Answered by Vimala Ramamurthy | 17th Jan, 2014, 08:48: AM

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