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Q: What is The likelihood that a possible future event will occur in any given instant of the event?
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What is the probability that an event will happen?

It is a measure of the likelihood of that event occurring, as a proportion of all possible outcomes.


What is the definition of probability?

The likelihood that a particular event will occur is called probabilityThe ratio of the wanted outcomes divided by the possible outcomes gives a fraction or ratio usually expressed as a percentage.The likelihood of an event occuring.


The likelihood of an event occurring?

The likelihood of an event occurring is known as the probability of occurrence. This can be calculated based on previous patterns and other factors.


What is the likehood that a possible future event will occur in any given instance of the event?

The answer is probability.


How can a probability be estimated?

One way to estimate the probability of an event is to use a theoretical model to compare the relative likelihood of the event compared to all possible outcomes.


Likelihood that a particular event will occur?

That is the probability of that event.


The measure of how likely an event to occur is the event's?

Likelihood or probability.


How probability sampling is used?

Probability sampling is used to select a sample from a population in such a way that every individual or element in the population has a known and non-zero chance of being selected. This method ensures that the sample is representative of the population, allowing for generalizations and statistical inferences to be made with greater validity and accuracy. Probability sampling techniques include simple random sampling, stratified sampling, cluster sampling, and systematic sampling.


What is the number that describes the likelihood a certain event will occur?

The probability of that event.


When an event's probability depends on the likelihood of another event. the probability is what?

It is dependent.


What is the definition for Probability?

Probability is described as the likelihood of a particular event happening. For example, say you are betting on a horse race, each horse has a particular probability of winning.The likelihood of an event occuringThe proportion of times an event occurs over a large number of trialsA ratio of successful outcomes to total possible outcomesFor a random event, the proportion of times an event occurs over a large nuber of trials


What are contingency plans?

A contingency plan is what to do if a possible future event or circumstance suddenly changes.