Answer:
Probability defines the world we live in. It should drive our decision making process. Unfortunately, most of us lack an understanding of probability. We often rely on pure guesswork rather than calculated risks when making decisions. We let cognitive biases influence our decisions. We constantly overestimate and to a lesser extent underestimate the likelihood of an event. In its simplest terms probability is the likelihood of an event occurring. This article hopes in improve the readers understanding of probability. To that effect, I will try to keep things as simple as possible.
Step-by-step explanation:
Hope it helps you.
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- GumbbleBee
