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probability

Pronunciation: prob'a-bil'i-te

Definition:

  1. A measure, ranging from 0 to 1, of the likelihood of truth of a hypothesis or statement.
  2. The limit of the relative frequency of an event in a sequence of N random trials as N approaches infinity.

Further information

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© Copyright 2018 Wolters Kluwer. All Rights Reserved. Review date: Sep 19, 2016.

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