Question.3694 - For this discussion, please choose one of the following options to review or solve and discuss: Option 1.Check out the additional resources on probability. Choose one to answer the following questions: Why did you choose this resource? In what ways did this resource better helped you understand probability or normal distribution concepts from this week? What are some possible new questions you have after reviewing the resource? Resources Amazing Adorable Videos from Simple Learning Pro Choose one or watch all from this Probability PlaylistLinks to an external site. Choose one or watch all from this Normal Distribution PlaylistLinks to an external site. Open Stax: Introductory Business Statistics 2e Read the section on ProbabilityLinks to an external site. Read the section on Normal DistributionsLinks to an external site. Find your own resource by browsing for probability topics like "Venn Diagram" , "conditional probability" etc. Option 2.Consider the odds listed for the Oregon Lottery Powerball and calculate the net profit for the Oregon Lottery based on the current Jackpot. Learn more about the Powerball and answer the following questions about the probability of winning and how much you can expect to win (more like lose) BA 275 Week 2 - Lottery Example Download BA 275 Week 2 - Lottery Example. In your discussion answer the questions and provide any possible insights you gained from the activity. Option 3.Watch the video Probability Used for Search and RescueLinks to an external site. discuss the theme of the video. In what ways, do the search and rescuers use probability? Option 4.Use chatgpt or other AI to ask:"Explain at least three applications of probability in (thing you are interested in i.e. sports, business, shopping, music) ."Post the AI output along with your answer to: How did the AI response better help you understand the concepts we are learning about this week? How could it be better?
Answer Below:
Hello xxxxxxxx For xxxx week x selected xx choose xxxxxx Prompt xxxxxxx at xxxxx three xxxxxxxxxxxx of xxxxxxxxxxx in xxxxxxxx ChatGPT xxxxxxxx Risk xxxxxxxxxx Businesses xxx probability xx assess xxxx and xxxxxxxxxxx in xxxxxxx decisions xxxx as xxxxxxxxx a xxx product xxxxxxxxx in x project xx entering x new xxxxxx By xxxxxxxxxxx the xxxxxxxxxx of xxxxxxxxx outcomes x g xxxxxxx or xxxxxxx businesses xxx make xxxx informed xxxxxxx and xxxxxxxx resources xxxxxxxxxxx Inventory xxxxxxxxxx Probability xxxxx companies xxxxxxxx demand xxx manage xxxxxxxxx levels xxx example x business xxxxx calculate xxx probability xx selling x certain xxxxxx of xxxxx in xxx upcoming xxxxx based xx historical xxxxx data xxxx allows xxx business xx balance xxxxxx and xxxxxx avoiding xxxxxxxxx or xxxxxxxxx situations xxxxxxxx Behavior xxxxxxxxxx Businesses xxx probability xxxxxx to xxxxxxx customer xxxxxxxxx such xx purchase xxxxxxxxxx churn xxxxx or xxxxxxx preferences xxxx allows xxxxxxxxx to xxxxxx marketing xxxxxxxxxx and xxxxxxx customer xxxxxxxxx by xxxxxxxx on xxxxxxxxxxxxxxxx customer xxxxxxxx This xxxxxxxx helped xx better xxxxxxxxxx probability's xxxxxxxxxx in xxxxxxxxxx businesses xxx instance xx allows xxxxxxxxx to xxxx informed xxxxxxxxx by xxxxxxxxx and xxxxxxxxxxx the xxxxxxxxxxxxx of xxxxxxxxx outcomes xxx responses xxxxx have xxxx improved xx providing xxxx life xxxxxxxx and xxxxxxxxx probability xxxxxxxxxxxx nbspMore Articles From Statistics
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