Quick Facts
- Or:
- chance
- Related Topics:
- probability theory
- doctrine of the maturity of the chances
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- Statistics LibreTexts - Likelihood (Oct. 17, 2026)
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likelihood
mathematics
Also known as: chance
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.
This article was most recently revised and updated by William L. Hosch.

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