Are You Using Probability and Likelihood…

Nov 15, 2023

If yes, don't. Here's the difference.

3 Comments

Sydney Stephens

Very well explained. Thanks.

Expand full comment

Kurteli Data Analytics

Kurteli Data Analytics

Probability is used to measure the likelihood of an event occurring.

Expand full comment

Earl’s Substack

likelihood is conditional probability

Expand full comment

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts