Probability: Forming Decisions on All Levels
From the government to casinos, probability influences decisions on all levels. First, hear from a Legislator how environmental policy is influenced by "pathway analysis," a type of probability analysis designed to determine the environmental fallout of a given policy. Next, hear from a Meteorologist how probability is used to project the next tornado for a given region. An Economist then discusses how probability is used to project the health of the economy. Finally, hear from a Casino Expert how probability is used to develop casino games that can be won some portion of the time, but always so that the house makes a profit.
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Casino Expert
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Economist
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Legislator
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Meteorologist