Probability is a branch of mathematics that deals with the likelihood of events occurring. It quantifies uncertainty by assigning a number between 0 and 1 to an event, where 0 indicates impossibility and 1 indicates certainty. In practical applications, probability helps in assessing risks, making informed decisions, and predicting outcomes in various fields such as science, finance, and daily life.
Probability meaning with examples
- In a game of dice, the probability of rolling a three is one out of six, as there are six faces on the die, and only one face shows a three. This means that if you roll the die many times, a three should appear approximately one-sixth of the time, illustrating basic principles of probability.
- When predicting the weather, meteorologists use probability to convey the likelihood of rain. A 70% probability of rain means that, historically, it has rained on 70 out of 100 similar days, helping people make informed decisions about carrying umbrellas and planning outdoor activities.
- Investment analysts use probability to assess the potential success of a stock. By studying historical performance and market trends, they can calculate the probability of a stock rising or falling, enabling investors to make data-driven choices about their financial portfolios.
- In genetics, probability is used to predict the occurrence of certain traits in offspring. For example, if both parents have a recessive gene, the probability of their child expressing that trait can be calculated using Punnett squares, illustrating the utility of probability in biological science.
- During a clinical trial, researchers analyze the probability of a new drug being effective. By using statistical methods, they determine the probability that the results obtained from a sample can be generalized to the larger population, ensuring that their findings are valid and reliable.
Probability Synonyms
certitude chance contingency eventuality expectation forecast frequency likelihood likeliness odds plausibility possibility potential predisposition prospect risk statistical chance uncertainty vagueness variabilityProbability Antonyms
absolute assurance certainty certainty confidence definiteness guarantee incontestability incontrovertible indubitable inevitability inevitability infallibility probable securedness surety surety truth unalterable unquestionableProbability Crossword Answers
4 Letters
ODDS
6 Letters
CHANCE
10 Letters
LIKELIHOOD