Question

In: Statistics and Probability

1 Do you believe that all individuals use probabilities consciously in everyday activities to make decisions?...

1

Do you believe that all individuals use probabilities consciously in everyday activities to make decisions? Why or why not?

2

Do you believe that statistics can be used to prove either side of any argument? Why or why not?

400 words each question no plagiarism please.

Solutions

Expert Solution

yes all the individuals use probabilities consiously in everyday activities to make decisions, Because probability is the chance of occuring a favourable case among the number number of cases for example

Example 1: if it is a rainy season or summer you would prefer to take umbrella along with you by assuming that it may rain or you may need to walk in sun (eventhough it was not raining or it was not too hot before you start from home ) because probability is just a chance of happening of some event

Example 2: while going out from home you will always carry more money than your daily expences with the belief that you may have some other expences than the dialy expences by assuming the uncertain chance of happening some event which may increase your expense

mentioned above are just just few but where ever you need to take decisions where you dont have the mathematical solution or you are not sure of the outcome or the result, just depends on your assumption or your past experience may come under probabilistic activities

2nd

Answer: yes statistics can be used to prove either side of any argument, because statistics is the science of numbers or it may be defined as scince of making decisions based on past situations / experiences or it can be defined as the results / inferences that can be made based on historical data / experience when we talk about the conclusions / the results, those are the either of the conclusions made from any argument

In otherwords any of the statistical inference will depend on the hypothesis, At the end we have to either reject the Null hypothesis or accept the Null hypothesis which will lead to prove either side of the argument


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