Probability has something to do with chance. It is the study of things that might happen or might not. We use it most of the time, usually without thinking of it. We don’t perform actual probability problems in our daily life but use subjective probability to determine the course of action or any judgment. Everything from weather forecasting to our chance of dying in an accident is a probability. Probability is a mathematical term for the likelihood that something will occur. It is the ability to understand and estimate the likelihood of any different combination of outcomes. Let’s discuss some … Continue reading 8 Real Life Examples Of Probability