Question

Example on how you will use statistics and probability in real life situations as a student

Answer 1

As a student, you might apply statistics and probability to predict academic outcomes, participate in research projects, and engage in classroom exercises that involve estimating probabilities from real-life data.

Step-by-step explanation:

Students often wonder about the real-life applications of statistics and probability. One way you as a student might use these concepts is to make predictions about academic performance. Take, for example, calculating the likelihood of getting an 'A' based on past performance and study habits. Probability helps assess the chance that a certain event will occur.

Another example might be participating in a research project that involves collecting data from a sample of people to represent a larger population. Suppose a survey is conducted where a random sample of 25 students is asked about their weekly use of a particular product, and six report using it. Using the plus-four method, you could construct a 95% confidence interval for the true proportion of students using the product weekly.

In a more interactive setting, such as a class activity, you could estimate probabilities by polling classmates. For instance, finding out how many students have change in their pockets or have ridden a bus in the past month. These real-life exercises allow students to directly see how probability theory measures the likelihood of outcomes and assists in decision making based on statistical data.

Answer 2

weather forecasting, health insurances

Step-by-step explanation:

probability is used by weather forecasters to assess how likely it is that there will be rain, snow, clouds, storms, etc. on a given day in a certain area. health insurance also uses statistics and probability to determine how likely it is that certain people will spend a certain amount on healthcare each year.