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Likelihood

TermDefinition
Impossible Some events will never happen because they are impossible. 0 on scale
Certain other events will definitely happen, because they are certain.1 on scale
equally probable an event that is equally probable to occur or to not occur is exactly 1/2 between impossible (0) and certain (1) on the scale
Unlikely events are closer to impossible. btw. 0-1/2
Likely events are closer to certain. btw 1/2-1
probabillity # of favorable outcomes/# of possible outcomes=probability
complement A statistical event is the opposite of the event. it includes all outcomes that are not apart of the OG event.
Created by: user-1970353
 

 



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