## LIKELIHOOD

### Likelihood

Likelihood captures the idea that something is likely to happen or to have happened. As a formal concept, it has appeared in jurisprudence, commerce and scholasticism long before it was given a rigorous mathematical foundation.

The above text is a snippet from Wikipedia: Likelihood

### likelihood

#### Noun

1. The probability of a specified outcome; the chance of something happening; probability; the state of being probable.
In all likelihood the meeting will be cancelled.
The likelihood is that the inflation rate will continue to rise.
2. Shorthand for likelihood function; the probability that a real world experiment would generate a specific datum, as a function of the parameters of a mathematical model.
3. Likeness, resemblance.
"There is no likelihood between pure light and black darkness, or between righteousness and reprobation." (Sir W. Raleigh)
4. Appearance, show, sign, expression.
"What of his heart perceive you in his face by any likelihood he showed to-day ?" (Shak)

The above text is a snippet from Wiktionary: likelihood