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.
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.
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.
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 means the set of all possible outcomes for the event.