14 Jan What is the role of probability concepts in business decision-making? If you were a manager, what do you think will be some of
post a 250-300-word response to the discussion question below. Please, make sure your answer reflects your own words and critical thinking.
What is the role of probability concepts in business decision-making? If you were a manager, what do you think will be some of the benefits of applying probability concepts to solving business-related problems? Would business decisions suffer without probability concepts? Explain