Answer:
two situations in which a person or business might use probability to make a decision
1. Weather Forecasting
2. Sales Forecasting
explanation
Weather Forecasting : the individual might question themselves about what the weather is gonna look like the day . is it gonna rain ? should I bring an umbrella ? should i take the car to work just incase it starts raining , or should I walk on foot and enjoy the hot sun?
Many retailers use probability to forecast the possibility of selling a specific amount of products on a given day, week, or month. This allows companies to forecast how much stock they will require in the future. A company, for example, may use a forecast model that claims it has a 90% chance of selling at least 100 items on a given day. To avoid running out of items to sell, keep at least 100 (preferably more) on hand at all times.
