P(s) = s/t where success = s and total outcomes = t
instead of a fraction it can be written as a decimal.
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You obtain an estimate of the probability that will usually be different from previous result(s).You obtain an estimate of the probability that will usually be different from previous result(s).You obtain an estimate of the probability that will usually be different from previous result(s).You obtain an estimate of the probability that will usually be different from previous result(s).
fraction
Usually, probability is the chance that something will happen; but it can be will not happen as well.
It is a function which is usually used with continuous distributions, to give the probability associated with different values of the variable.
It is usually any value between 0.5 and 1.