What is the difference between likelihood and probability?

Definitions

- Referring to the chance or possibility of something happening. - Describing the plausibility or probability of an event occurring. - Talking about the degree of expectation or anticipation for a particular outcome.

- Referring to the chance or likelihood of something happening. - Describing the statistical measure of the likelihood of an event occurring. - Talking about the mathematical calculation of the likelihood of a particular outcome.

List of Similarities

  • 1Both words refer to the chance or likelihood of something happening.
  • 2Both words can be used in a statistical or mathematical context.
  • 3Both words can be used to describe the likelihood of a particular outcome.

What is the difference?

  • 1Usage: Likelihood is more commonly used in everyday language, while probability is more commonly used in technical or scientific contexts.
  • 2Measurement: Probability is a precise mathematical calculation, while likelihood is a more general estimation.
  • 3Subjectivity: Likelihood can be subjective and based on personal opinion, while probability is objective and based on mathematical calculations.
  • 4Scope: Probability can be used to describe the likelihood of a specific outcome in a set of possible outcomes, while likelihood can be used to describe the overall chance of an event occurring.
  • 5Connotation: Probability is associated with a more formal and technical tone, while likelihood is associated with a more casual and conversational tone.
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Remember this!

Likelihood and probability are synonyms that both refer to the chance or likelihood of something happening. However, probability is a more precise mathematical calculation used in technical or scientific contexts, while likelihood is a more general estimation used in everyday language. Additionally, probability is more objective and formal, while likelihood is more subjective and casual.

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