A value that is between 0 and 1.
The probability of an event is the chances it will happen divided by all the possible outcomes.
fraction or possible
It is the theoretical probability of the event.
Probability is the measure of how likely an event is. ... The probability of event A is the number of ways event A can occur divided by the total number of possible.
A probability indicates the likely-hood that a particular event occurs out of a set number of observations or measurements. A probability distribution allows relative comparison of probability of an event with any other possible event.
Expected successes= Theoretical Probability · Trials P(event) = Number of possible out comes divided by total number of possible
The answer is probability.
probability
The term is probability (theoretical probability), or how likely a given event is to occur.
From a probability standpoint this is not a true statement. Probability can be equal to zero for an event, indicating that it is impossible. The difference between 'impossible' and 'improbable' from a probability standpoint is that an impossible event has a probability of 0 while an improbable event has a very, very small probability.
The relative frequency of of an event is one possible measure of its probability.
It is a measure of the likelihood of that event occurring, as a proportion of all possible outcomes.