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To understand efficient precautions, you first need to
understand the idea of an expected benefit. This is
not difficult since we actually use this idea all the time
in our daily lives. Consider this example.
You want two incompatible things: you want to go to law
school in the Fall, and you also want to retire to the
woods in the Fall and write your first novel and have it
be a great success. You want to be a successful
novelist much more than you want to graduate from
law school. Your only problem is that you know you
really have no literary talent at all, and that it is very
unlikely that you would succeed in writing a successful
WHILE
CROSSING
ROAD
PROBABLITY TO PLAY
POKER
EATING FOOD WITH HANDS
PROBABLITY OF ROLLING DICE ,GETTING
HEADS OR TAILS AND SUN RISE AND SUN
SET
Importance of probability

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Importance of probability

  • 1.
  • 2. To understand efficient precautions, you first need to understand the idea of an expected benefit. This is not difficult since we actually use this idea all the time in our daily lives. Consider this example. You want two incompatible things: you want to go to law school in the Fall, and you also want to retire to the woods in the Fall and write your first novel and have it be a great success. You want to be a successful novelist much more than you want to graduate from law school. Your only problem is that you know you really have no literary talent at all, and that it is very unlikely that you would succeed in writing a successful
  • 6. PROBABLITY OF ROLLING DICE ,GETTING HEADS OR TAILS AND SUN RISE AND SUN SET