Principles of Soft Computing Using Python Programming by Nandi Gypsy;

Author:Nandi, Gypsy; [Nandi, Gypsy]
Language: eng
Format: epub
Publisher: John Wiley & Sons, Incorporated
Published: 2023-12-19T00:00:00+00:00

The output of Program 5.1 is displayed below. The output of the program will vary, since it involves random card selection. The program randomly selects a card from the deck. In this example, the selected card is the 4 of diamonds. Then, both the odds and risks are calculated for the event of drawing a heart. The output 0.33 indicates that the probability of drawing a heart from the deck is 33%, and the output 0.75 indicates that the risk associated with drawing a heart is 75%.

Also, the odds and risks are calculated for the event of drawing a face card (Jack, Queen, or King). The output 0.3 indicates that the probability of drawing a face card is 0.3. This means that there is approximately 30% chance of selecting a face card from the deck. Lastly, the output 0.769 indicates that the risk associated with drawing a face card is 0.769. This means that there is approximately a 76.9% chance of not selecting a face card from the deck.

Randomly selected card: ('4', 'Diamonds') Odds of drawing a heart: 0.3333333333333333 Risk of drawing a heart: 0.75 Odds of drawing a face card: 0.3 Risk of drawing a face card: 0.7692307692307693

The output provides insights into the likelihood (odds) and potential negative outcomes (risk) associated with the events of drawing a heart or a face card from the deck of cards. Knowledge about probability helps us in making decisions on what is likely to occur based on an estimate or on the previous real-time collected data. A data analyst often uses probability distributions of data for various statistical analyses.

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