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Sunday, March 23, 2014

decision making part 3: maths and statistics for every day life

Decisions of us affect others

In turn affects us

Hence one should take extra caution when decisions are made even when not affecting us

Example

Suppose you are a sincere law abiding tax payer of the country.

You throw the banana skin after eating the banana carelessly on the road. One poor person falls and sustains injury and gets treatment at a government hospital.


Quite a few of so called educated and well to do persons do not care for the cleanliness of the communal areas they visit.

This increases the incidence of diseases in the community at large.

This increases the government spending on health indirectly causing the government to increase the taxes in general.

You end up paying taxes higher than you were paying in the past.

Hope this makes sense so far

Warm regards

Chockalingam