Question

Probabibility and likelyhood

Answer 1

Probability is a measure of how likely an event is to occur, expressed as a number between 0 and 1, where 0 indicates that the event will not occur and 1 indicates that the event will definitely occur. Likelihood, on the other hand, is a more subjective measure of how probable an event is to occur, often based on personal judgment or intuition rather than precise mathematical calculations. While probability is a more objective measure that can be calculated using mathematical models, likelihood is a more qualitative concept that can vary depending on individual perspectives and beliefs.