Concept
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Definition
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| Chance
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"Probability"
is the chance or frequency of a given outcome among all outcomes of a truly random
process.
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| Tendency
|
"Probability"
is the the tendency of a particular outcome to occur, or how "close" it is to
occurring.
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| Knowledge
|
"Probability"
is allocated among the set of known hypotheses.
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| Confidence
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"Probability"
is the the degree of belief in a particular hypothesis.
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| Control
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"Probability"
is the the degree of control over particular outcomes.
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| Plausibility
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"Probability"
is the believability, quantity, and quality of detail in a narrative or model.
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