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Likelihood EOG

Probability EOG

TermDefinition
the likelihood that something will happen; the number that expresses that likelihood. probability
An event that will happen for sure. certain
An event that cannot happen impossible
If an event is certain, then its probability is 1
probability is expressed as a number between 0 and 1
a random event with a probability of 1/2 is equally likely and unlikely to happen
as probability moves closer to 1 it is increasingly likely to happen
as probability moves closer to 0 it is decreasingly likely not to happen
what happens in the end. outcome
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