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Likelihood
| Term | Definition |
|---|---|
| Impossible | events that will never happen-0 |
| Unlikely | events that are closer to impossible 0-1/2 |
| Equally Probable | Halfway between impossible and certain- 1/2 |
| Likely | event that is closer to certain- 1/2- 1 |
| Certain | events that will definitely happen - they are certain, 1 |
| Probability | The number of favorable outcomes divided by the total number of possible outcomes |
| Complement | A stastic event is the opposite of the event |