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

The Introduction to chance - Essay voiceThe Centers for Disease Control and Preventions report of a decline in mortality rate, from 747.0 deaths per hundred thousand populations in 2010 to 740.6 deaths per 100000 populations, is an example of chance, a comparative opportunity. The first section of the compound probability factor that for either 100000 people in the target 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 understan ding factors affecting death rates towards amend peoples welfare and increasing life expectancy by understanding significant factors that changed amid 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 consider different reference bases.