Question: Do you think applying probability can enhance decision making? Invent a business situation ( once again, supply quantitative information that supports your narrative ) that
Do you think applying probability can enhance decision making? Invent a business situation once again, supply quantitative information that supports your narrative that demonstrates the use of probability in sales forecasting, scenario analysis, or risk evaluation. Be sure your explanation clearly describes how probability data supplies meaningful input for the decisionmaking process. Support your explanation with a quantitative example.
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