Probability theory: Explaining prediction of uncertainty

Our future, as we all know, is uncertain. Using the techniques available right now, it is nearly impossible to predict the future. But we still make plans for the future, assuming things will go in a certain way. But how can we make that assumption? Humans have limited knowledge about many things happening around us. To predict the outcome of an action without complete knowledge about the thing is not possible. But we can still make some assumptions based on …

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