Question

What types of businesses or organizations rely heavily on probability? How?

Answer 1

Well, TMC, for one, because they rely heavily on the fact that most people dont look at their bill closely, and they rely on the fact that most people are stupid. I have more, if you want.

Answer 2

Haha what more do you have?

Answer 3

Well, every company on the face of the earth really, Mcdonalds is another one. They rely on the fact that most people dont have time to make a home cooked meal every day, or at least the odds that this is true.

Answer 4

More?

Answer 5

1) Casinos- using probability to calculate how many customers will win and how much the company will loose as a result to that.
2) Inventory Strategist-using probability to eliminate inventory excess while ensuring a business can still meet its operational demands.
3) Fast-Food chains- probability is used to weigh the risks and determine if a special offer has a better chance of success or failure,
4) Retail stores- probability is used to weigh the risks to see if a certain sale has a better chance of success or failure.
5) Advertising- probability is used to weigh the risks to see if advertising a product will increase the amount of profit or only waste money.
6) Clinics- doctors may use probability when diagnosing a patient and suggesting treatment, it will help them know the chances of treatment being a success or a fail.

Answer 6

I have these but I need 6 more. :/

Answer 7

Okay... hmmmm
Massage therpaists rely on fat guys to have no one to go home to, so they make you pay 1000 dollars to get some used up old coot. sorry lol I just had to point it out