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Do you use probability in your profession or real life? You most likely do without consciously...

Do you use probability in your profession or real life? You most likely do without consciously knowing it. Share one example of how you have used probability in your life. Were you able to determine the probability based on the classical method, the relative frequency method, or the subjective method? Explain. Now think about all of the times you do use probability each day and explain which of the three methods you utilize the most throughout the day and why.
Math   Statistics-And-Probability   
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Answer #1

All of us use probability in our daily life with or without knowing it consciously.

Most of the time, people tend to find the probability through the subjective method, which is based on our personal experiences. For example, we all tend to predict the result of any soccer match based on their previous records. i.e., by comparing the frequency of the wins of the two teams. We tend to forecast the weather by observing the present atmospheric conditions and intutively comparing it with previous experiences.

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