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I AM USING HORSE RACING AS MY EXAMPLE Explain in detail how probabilities are used in the situation you chose. What makes probabilities useful in
I AM USING HORSE RACING AS MY EXAMPLE
- Explain in detail how probabilities are used in the situation you chose.
- What makes probabilities useful in this situation? Do these probabilities affect decision making in this situation? Explain your answer.
- Give a specific example of how probabilities are used in this situation.
- How are probabilities important to decision making in this situation? If they are not, then discuss why not.