Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia, Wikipedia.
Related to likelihood: Maximum likelihood, Likelihood ratio test


A statement of the chance that an unknown quantity in reality has a particular value based on the readiness with which it would account for a given set of data; in this way the merits of various competing interpretations may be compared.



likelihood function
a method used to estimate unknown parameters, using a function constructed from a statistical model which gives the probability of the observed data for various values of the unknown parameter. The values which maximize the probability are the maximum likelihood estimates.
maximum likelihood estimates
see likelihood function (above).

Patient discussion about likelihood

Q. What is the likelihood of my depression returning? I have a history of severe depression. My mom is very against medication and counseling, and reluctantly allowed me to go on the lowest dosage of zoloft. It helped, but now she wants me to go off of it and stop going to my doctor. My fear is that my depression will return. What are the chances of my depression returning, and how can I handle it if and when it does?

A. hi kelly17 i agree with eleanor55, i donot have bi-polar-but it seems to me that the problem isnt YOU/it your mother-Im going to be real here-if your mother knows that the meds help why is she stopping them--I think the stigma of the disease is her problem,like the other members said, and if she is doing this to you for that reason/BAD ON HER---at 17 i think you are under age--I dont want to start a family feud but i think this is child abuse--talk to soom one at school teacher/ect----stay strong things get better with time you have a lot of friends her USE THEM---mrfot56

More discussions about likelihood
References in periodicals archive ?
As predicted, organizational factors demonstrated a significant relationship with likelihood to use the EAP for all problem types.
If you're a Hispanic woman, the likelihood is 80 percent.
1998), included as an example a situation in which a company's independent auditors request a memorandum prepared by the company's in-house counsel estimating the company's likelihood of success in litigation and an accompanying analysis of the company's legal strategy to assist it in estimating what to reserve for potential losses in litigation.
Profile likelihood estimation of water treatment failure, length of the delay period, and asymptomatic rate has fielded particular values of these parameters that could have given rise to the outbreak.
It reasoned that the asset-based approach should not consider the likelihood of liquidation in determining the corporation's NAV.
The likelihood of a goal being scored goes up with each minute that passes.
Are they working in the evening where there is an increased likelihood of contact?
When the people who must alter their behavior are supported in making these changes by your organization's culture, systems and structures, it improves the likelihood of change implementation success.
However, the economic effect of an allocation is not substantial if, at the time the allocation becomes part of the partnership agreement, (1) the after-tax economic consequences of at least one partner may, in present value terms, be enhanced compared to the consequences if the allocation(s) were not contained in the partnership agreement and (2) there is a strong likelihood that the after-tax economic consequences of no partner will, in present value terms, be substantially diminished compared to the consequences if the allocation(s) were not contained in the partnership agreement.
Table 6: Likelihood of offshoring to specific countries/region, financial services response
Chronic diabetes was positively associated with the likelihood of having a low-birth-weight infant among white, Hispanic and Asian women (1.