Likeliness

Likeliness refers to the probability or chance that something is true or will happen. It quantifies the degree to which an event, outcome, or characteristic is probable, plausible, or expected. The term encompasses the assessment of possibilities, predictions, and estimations of future events based on available information, past experiences, or observed patterns. It represents a spectrum, ranging from highly unlikely to highly probable, shaping decision-making processes and influencing expectations across diverse contexts. Essentially, likeliness is a measure of how 'likely' something is to occur, encompassing the idea of possibility and anticipation.

Likeliness meaning with examples

• Given the economic downturn, the likeliness of the company achieving its profit targets this quarter decreased significantly. Market analysts revised their projections to reflect this downturn. Factors include inflation and rising cost of raw materials have affected the likeliness of a recovery. They are not optimistic because the likeliness has greatly changed to be negative. They will study this likeliness to find a new strategy.
• Meteorologists use weather models to predict the likeliness of severe storms, providing crucial warnings to the public. They assess atmospheric conditions. The likeliness of the storm can now be predicted. Predictions also include the time of the likeliness of the storm. Based on their models, the likeliness is high, so the public is to be on alert.
• Based on the evidence presented, the jury considered the likeliness of the defendant's involvement in the crime. They considered all evidence. The likeliness of the crime happening was studied, considering the suspect's actions, the likeliness that a suspect was found, was studied. All these factors would have affected the likeliness of a guilty verdict.
• Insurance companies assess the likeliness of various risks to determine premiums and manage financial exposure. These included the likeliness of damage occurring. The likeliness has to be estimated. Different locations will vary the likeliness of damage. Based on the likeliness of an incident the insurance rate is calculated.
• Scientists calculate the likeliness of specific outcomes in experiments to determine the validity of their hypotheses. They do tests. Then they study the likeliness that it occurs. The success of the tests will be studied by the likeliness. The likeliness is expressed in probabilities. The validity is measured in likeliness.