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Also known as: chance
Category:
Science & Tech
- Or:
- chance
- Related Topics:
- probability theory
- doctrine of the maturity of the chances
likelihood, In mathematics, a subjective assessment of possibility that, when assigned a numerical value on a scale between impossibility (0) and absolute certainty (1), becomes a probability (see probability theory). Thus, the numerical assignment of a probability depends on the notion of likelihood. If, for example, an experiment (e.g., a die toss) can result in six equally likely possible outcomes, the probability of each is 1/6.