probability
Pronunciation:
/pɹɒbəˈbɪlɪti//pɹɑbəˈbɪlɪɾi/noun
Definitions
The state of being probable; likelihood.
An event that is likely to occur.
The relative likelihood of an event happening.
A number, between 0 and 1, expressing the precise likelihood of an event happening.
Example: The probability of an event A occurring is denoted P(A).