Probability

Probability is a number from 0 to 1 measuring how likely an event is, with 0 meaning impossible and 1 meaning certain.

Probability measures the long-run relative frequency of an event over many repetitions. For equally likely outcomes, P(A)=number of outcomes in Atotal number of outcomesP(A) = \frac{\text{number of outcomes in } A}{\text{total number of outcomes}}. For example, rolling an even number on a fair six-sided die has probability 3/6=0.53/6 = 0.5. Over many rolls the fraction of even results settles near this value, an idea called the law of large numbers.

More probability terms, or browse the full statistics glossary.