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likelihood
(redirected from Likelihoods)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.

likelihood

 or chance

In mathematics, a subjective assessment of possibility that, when assigned a numerical value on a scale between impossibility (0) and absolute certainty (1), becomes a probability (see probability theory). Thus, the numerical assignment of a probability depends on the notion of likelihood. If, for example, an experiment (e.g., a die toss) can result in six equally likely possible outcomes, the probability of each is ¹⁄₆.


likelihood [′līk·lē‚hu̇d]
(mathematics)
The likelihood of a sample of independent values ofx1,x2, … ,xn, with ƒ(x) the probability function, is the product ƒ(x1) - ƒ(x2) - ⋯ - ƒ(xn).


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