The Introduction to Probability Essay Example | Topics and Well Written Essays - 250 words

The Introduction to opportunity - Essay ExampleThe Centers for Disease Control and Preventions report of a decline in mortality rate, from 747.0 deaths per lakh populations in 2010 to 740.6 deaths per 100000 populations, is an example of prospect, a comparative probability. The first section of the compound probability means that for each 100000 people in the orient society, 747 died and the statement means that in the year 2010, a member of the society had a probability of dying of 0.00747. The second part of the compound probability shows that for every 100000 people in the population, 740 died in the year 2011 with the implication that each person had a probability of 0.00741 of dying in the year 2011. The compound probability, however, offers a basis for comparing theprobability of death in the society and indicates that people had a lower likelihood of dying in the year 2011 as compared to their probability of dying in the year 2010. This offers a basis for understanding fa ctors affecting death rates towards improving peoples welfare and increasing breeding expectancy by understanding significant factors that changed between the two years. The probability example is applicable to stakeholders to health care for determining initiatives for healthy living (Hoyert and Xu, 2012).Probability defines the likelihood of an occurrence and is expressed as a comparative of a baseline. It is normally expressed as a percentage or as a fraction but can take assume different reference bases.