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Have you ever encountered the Statistics and Probability? Some people might think that is a particular subject that gives us a hard time but if we think a little more, it can affect our daily life. It can help us not just help but also benefit us. In everything we do and wherever we go, Statistics and Probability are all around us.
Statistics and Probability are closely related because Statistics is where you can collect and gather more data. Every time a survey is conducted, statistics is always present to organize, analyze, and interpret the data to conclude. Data exists all over our lives, we tend to use it to count numbers and do several things, its really useful to us, and regardless of what we tend to do with data, we need to organize it first, so statistics is necessary and important. Probability is used in our daily lives to make decisions when we don’t know for sure what the outcome will be. Most of the time, you will not perform actual chance issues, however, you may use subjective chance to create judgment calls and confirm the most effective course of action. Probability is the measure of expectation whether it is not true.
Probability can be used in sports strategies wherein athletes and coaches can determine the best sports strategies for games and competitions. Also, Probability plays an important role in analyzing insurance policies to work out which plans are best for you or your family and what deductible amounts you would like. For example, once selecting an automobile insurance policy, you employ a chance to work out however possible it’s that you will be got to file a claim. The weather forecasters used probability to know about the possibilities or chances of having rain as well as having good weather. Just like probability, statistics is additionally used in numerous fields. Statistics can be used in research, many students use it in their research to give data, interpretations, analysis, and presenting their study. The most popular who used it is the NSO (National Statistics Office) to know the population of the people living here in the Philippines. Statistics and Probability are really helpful to us. Studying probability and statistics will allow us to see the world from an entirely different perspective since the subjects will serve as models and teach us to analyze situations.
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