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Probability |
Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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PROBABILITY. That which is likely to happen; that which is most consonant to reason; for example, there is a strong probability that a man of a good moral character, and who has heretofore been remarkable for truth, will, when examined as a witness under oath, tell the truth; and, on the contrary, that a man who has been guilty of perjury, will not, under the same circumstances, tell the truth; the former will, therefore, be entitled to credit, while the latter will not. |
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? References in periodicals archive |
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More realistic is Stephen Jay Gould's consciousness of contingency, random variation, and probabilistic reasoning. Nonetheless, they make probabilistic predictions about where a winning position is most likely to be found. The problem with the industry's approach, he said, is that insurers look at vast areas, they make probabilistic estimates of what the damage may be, and when the wind blows stronger than was expected, they end up with much more damage than was expected. |
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probabilistic