This was the question posted to us on my stats class discussion board this week:
This week you will continue learning about probability and its importance in statistics,as well as how it plays an important role in our every day lives. I would like you to tell what the following quote means to you. Give examples.
“Life is a school of probability”
by Walter Bagehot
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This was my answer:
Dictionary.com defines probability as "the relative frequency with which an event occurs or is likely to occur". To say life is a "school" of probabilty is misleading. You do not learn in life the frequency with which something happens, you learn from the frequency of certain events happening.
Example, if you date enough jerks, you either learn that all guys are jerks or you learn what not to look for in a mate.
The key is to actually learn from it.
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