Probability
This item is included in the following series/curriculum: Statistically Speaking
- Grade Level: Senior High (10-12)-Adult
- Subjects: Business mathematics
- Produced By: Coast Learning Systems
- Year: 2011
- Country: United States
- Language: English
- Running Time: 30m
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What are the chances?" We think this many times a day. Why is it raining when the weatherman said there was only a five percent chance of rain? Why do people play the lottery if the chance of winning is so low? In mathematics, the science of probability describes such chance behavior. As statisticians strive to make sense out of data, a major part of their endeavor is the use of probability in making predictions and explaining results.