Question

Discuss how probabilities affect your daily life.  

Answer 1

Probability has something to do with a chance. It is the study of things that might happen or might not. We use it most of the time, usually without thinking of it. We don’t perform actual probability problems in our daily life but use subjective probability to determine the course of action or any judgment. Everything from the weather forecasting to our chance of dying in an accident is a probability.

For eg.

1. Weather forecasting - Before planning for an outing or a picnic, we always check the weather forecast. Suppose it says that there is a 60% chance that rain may occur. Do you ever wonder from where this 60% come from? Meteorologists use a specific tool and technique to predict the weather forecast.

2. Batting average in Cricket - Batting average in Cricket represents how many runs a batsman would score before getting out. For example, if a batsman had scored 40 runs out of 100 from boundaries in the previous match. Then, there is a chance that he would score 40% of his runs in the next match from boundaries.

3. Flipping a Coin or Dice - Flipping a coin is one of the most important events before the start of the match. There is no surety, either head will come or not. Both head and tail have 1 out of 2, i.e., 50% chances to occur. Hence, the probability of getting the desired outcome is 0.5. Similarly, while playing with dice, there are 1 out of 6 chances, that the required number will come.