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January 14, 2022

What is the role of probability concepts in business decision-making? If you were a manager, what do you think will be some of

Business & Finance /Operations Management

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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

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