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The likelihood of a specific outcome is a?
Percentage
What is poor prognosis?
Prognosis refers to the likelihood of disease (e.g. treatment) outcome. Poor prognosis means that the likelihood that the outcome is unfavorable is high.
What is the meaning of the word likelihood?
In statistics, a likelihood function (often simply likelihood) is a function of a statistical model. The likelihood of a set parameter values, given outcomes x, is equal to the probability of those observed outcome.
What is likelihood of a specific outcome in relation to the total number of possibe outcomes?
Probability
What the meaning of the Chances are?
It is a measurement of the likelihood of the occurrence of an event whose outcome is uncertain.
What is thecretical probability?
Theoretical Probability is the measure of likelihood that an event will have a particular outcome.
What is a random event?
It means that the event, or some aspect of the event, is unforeseen.
What is the difference between an influence and a cause?
An influence is a factor that shapes or affects an outcome without directly causing it, while a cause is a factor that directly produces an effect or result. Influences can impact the likelihood or direction of an outcome, but they may not always lead to a specific result. Causes, on the other hand, are responsible for bringing about the outcome in a direct and predictable manner.
Why a banker needs accounting information?
Most likely to determine the likelihood of loan or investment recovery.
Was the Great Depression a historical aberration or was it a predictable outcome of the kind of economic system that existed in the US until the 1930s?
yes
What are the similarities of theoretical and empirical probability?
They are both measures of the likelihood of events whose outcome is not normally known.
How are experimental probability and theoretical proability alike?
Both are measures of the likelihood of events whose outcome is uncertain.
