Where you have used probability to make a decision

What is an example from your own life or in your workplace, where you have used probability to make a decision?

Probability tells us the chance or likelihood that a particular event will occur. Whether or not we realize it, every day we use probability to make decisions. For instance, when deciding whether to take an umbrella, we check the weather forecast to see the probability that it will rain. In this instance, probability tells us the likelihood that it will rain; however, the decision about taking an umbrella is based on an individual’s willingness to risk getting rained on. Some people will take an umbrella, when the probability of rain is at least 40%, while others will wait until the probability is at least 60%. What is an example from your own life or in your workplace, where you have used probability to make a decision?

The paper should be 4 pages in length, including a title page and reference page. This means two pages of content, which requires clear and focused writing. Avoid excessive use of quotations.

 A “similarity” score should be under 20%. Please check the Q &A post on Canvas if you

have any questions.

To submit your paper:

  • Submit an electronic copy in the assignment drop box by the due date.

If illness or an emergency prevents a student from meeting deadlines, the instructor must be notified before class.

Evaluation Criteria for Paper

A “similarity” score should be under 20%. Please check the Q &A post on Canvas if you have any questions.

(10%) Resources used as rationale for approaches and as sources of content

_____ 5. (20%) write paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

_____ 5. (20%) Write the Paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

APA style
(4%) Limit the paper to 4 pages in length, which includes title page and reference page
(4%) Cite references in the paper according to APA style
(4%) list References on the reference page according to APA style
(4%) Grammar, language, spelling, and sentence structure are at a college writing level

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