probability

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Probability

The relative likelihood of a particular outcome among all possible outcomes.

probability

the likelihood of a particular uncertain event occurring, measured on a scale from 0.0 (such an event is impossible) to 1.0 (such an event is certain to occur). People generally estimate probabilities on the basis of the relative frequency with which an event has occurred in the past, under given circumstances, and generalize from this past experience. In some circumstances it is easy to estimate the proportion of occasions on which an event occurs; for example, the probability of getting ‘heads’ when flipping a balanced coin is 0.5 because with such a coin in the long run we would get 50% ‘heads’ and 50% ‘tails’. In estimating probabilities in business situations, though, there may be no or only a few previous experiences that can be used to gauge the relative frequency of an event occurring. See also RISK AND UNCERTAINTY.
References in periodicals archive ?
All the parts in different part family enter this system at a random distribution.
Since our calculated t-value is greater than the critical t-value, we can say (with 95% confidence) that our sampled population does not follow a random distribution.
The expected value of I for a random distribution depends on the number of cells in the data set, calculated as -1/(n-1), where n is the number of runoff cells in the watershed.
In short, the amount of increase in the fertilization success caused by aggregation was negatively correlated to the fertilization success at the random distribution.
Not a thing to welcome in their random distribution of desperate, soul-destroying misery.
The problem always with retinoblastoma is that when you're dealing with a very rare cancer like this, a few cases can seem like a cluster when it's just a random distribution.
Four distribution are presented for this strategy: uniform sequential and circular distribution, a hash distribution, and lastly a random distribution.
Immune complex vasculitis usually has a largely dependent distribution, and the pauci-immune variety has a random distribution.
At random distribution of field phases [delta], which we shall associate with the phase of a neutron, spins with equal probability in a direction are distributed in this plane.
In order to obtain a random distribution of points to use for comparison to the actual burrow locations, 240 random numbers between 0 and 1 to six decimal places were generated using Microsoft Excel in which numbers are generated from a uniform distribution.
The new formulation relies on hydrotropes that impart order to peroxide rather than random distribution of the cleaning ingredient.