probability

/pɹɑbəˈbɪlɪɾi/

IPA: /P R AA0 B AH0 B IH1 L AH0 T IY0/

noun

1
The state of being probable; likelihood.
2
An event that is likely to occur.
3
The relative likelihood of an event happening.
4
A number, between 0 and 1, expressing the precise likelihood of an event happening.
“The probability of an event A occurring is denoted P(A).”

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