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probability
(redirected from Probability.)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
probability /prob·a·bil·i·ty/ the likelihood of occurrence of a specified event, often represented as a number between 0 (never) and 1 (always) corresponding to the long-run frequency at which an event occurs in a sequence of random independent trials as the number of trials approaches infinity.
probability,
n 1. an increased likelihood that something will occur.
n 2. a mathematic ratio of the number of times something will occur to the total number of possible occurrences.

probability
the basis of statistics. The relative frequency of occurrence of a specific event as the outcome of an experiment when the experiment is conducted randomly on very many occasions. The probability of the event occurring is the number of times it did occur divided by the number of times that it could have occurred. Defined as:$$\hbox{p}={\hbox{x}\over (\hbox{x+y})$$

where
p?=?probability, x?=?positive outcomes, y?=?negative outcomes.
prior probability
estimation of the probability that a particular phenomenon or character will appear before putting the patient to the test, e.g. testing the probable productivity of a patient by testing its forebears.
subjective probability
the measure of the assessor's belief in the probability of a proposition being correct.

probability Statistics p value The likelihood that an event will occur by chance alone, and given a value between 0–impossible and 1–certain; the higher the p value, the more likely that 2 or more sets of overlapping variables occurred randomly–ie, the less the likelihood that the 2 events are associated; the lower the p value, the greater is the likelihood that the events are not random associations–counterintuitive, but think it out in a dark quiet room, you'll get it. See Conditional probability, Empirical probability, Gaussian probability, Personal probability, Prior probability, Theoretic probability Vox populi An expression of the likelihood that a specific event will occur.


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