THIS IS A DECISION ANALYSIS MAKING CLASS (HEALTHCARE ADMINISTRATION) Discuss why probability is so important within the health...

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THIS IS A DECISION ANALYSIS MAKING CLASS (HEALTHCAREADMINISTRATION)
Discuss why probability is so important within thehealth care decision analysis. Provide specific areas ofunderstanding, for Classical, Empirical, Subjective and AxiomaticProbability. Why are these Probability used in the health caredecision analysis?

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The probability is impoertant in every stream but in healthcare it is more important because of the following reasons 1 Healthcare is the stream in which we are dealing with Human Beings or other animals 2 Healthcare involves many such fileds or broader areas from STATISTICS such as Clinical Triles Survival Analysis and these fileds are directly connected to living lives 3 Also Quality control and Quality assurance in drug development we have pahses where we testing our drugs developed on See Answer

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