Probability: Difference between revisions
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Bosmana fem (talk | contribs) (Created page with "When we ask ourselves the question "how certain am I that a specific event will occur?", then we are interested in probability. This is very much the same as asking the questi...") |
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A related, yet slightly different concept is '''odds'''. | A related, yet slightly different concept is '''odds'''. | ||
[[Category:Odds]] | |||
Latest revision as of 21:15, 22 March 2023
When we ask ourselves the question "how certain am I that a specific event will occur?", then we are interested in probability. This is very much the same as asking the question 'what is the risk that this will happen?".
Probability can be expressed as a percentage, permillage, or in other words: a proportion.
A related, yet slightly different concept is odds.