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likelihood

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Wikipedia, Hutchinson 0.02 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.



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? Mentioned in ? References in classic literature
 
Whatever may be the determination of Pennsylvania, if the Northern Confederacy includes New Jersey, there is no likelihood of more than one confederacy to the south of that State.
But once the irrational has been introduced and an air of likelihood imparted to it, we must accept it in spite of the absurdity.
One would have thought that nothing could be simpler than for him, a man of good family, rather rich than poor, and thirty-two years old, to make the young Princess Shtcherbatskaya an offer of marriage; in all likelihood he would at once have been looked upon as a good match.
 
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