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FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549OMB

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How to fill out probability - 2 examples

01

To fill out probability, follow these steps: 1. Determine the total number of possible outcomes. 2. Determine the number of favorable outcomes. 3. Divide the number of favorable outcomes by the total number of possible outcomes. Example 1: Let's say you have a standard deck of 52 playing cards. To find the probability of drawing a heart, you would determine that there are 13 hearts (the favorable outcomes) out of the total 52 cards (the possible outcomes). Dividing 13 by 52 gives you a probability of 0.25 or 25%.

02

Example 2: Suppose you are rolling a fair six-sided die. To find the probability of rolling an even number, you would determine that there are 3 even numbers (the favorable outcomes: 2, 4, and 6) out of the total 6 numbers (the possible outcomes). Dividing 3 by 6 gives you a probability of 0.5 or 50%.

Who needs probability - 2 examples?

01

Probability is needed in various fields and situations. Here are two examples: 1. Gamblers: Gamblers use probability to calculate their odds of winning or losing in games of chance such as poker, roulette, or blackjack.

02

Statisticians: Statisticians use probability to analyze data and make predictions. They apply probability theory to various fields such as finance, economics, sports, and healthcare to understand uncertainties and make informed decisions.

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What is probability - 2 examples?

Probability is a measure of the likelihood of an event to occur. Example 1: The probability of flipping a coin and getting heads is 1/2. Example 2: The probability of rolling a six on a fair six-sided die is 1/6.

Who is required to file probability - 2 examples?

Probability calculations are typically done by statisticians, mathematicians, scientists, and researchers. Example 1: A data analyst may need to calculate the probability of a certain outcome in a business scenario. Example 2: A meteorologist might need to calculate the probability of rain.

How to fill out probability - 2 examples?

To fill out a probability calculation, you need to identify the total possible outcomes and the favorable outcomes. Example 1: To calculate the probability of rolling a 1 on a six-sided die, there is 1 favorable outcome out of 6 total outcomes. Example 2: To calculate the probability of drawing a red card from a deck of 52 cards, there are 26 red cards out of 52 cards.

What is the purpose of probability - 2 examples?

The purpose of probability is to quantify uncertainty and make informed decisions based on likelihood. Example 1: Businesses may use probability to forecast sales and plan inventory. Example 2: Doctors may use probability to estimate the likelihood of a certain treatment being successful.

What information must be reported on probability - 2 examples?

When reporting probability, you must include the event or outcome being considered and the calculated likelihood of that event occurring. Example 1: The probability of winning the lottery is 1 in 10 million. Example 2: The probability of a coin landing on heads is 50%.

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