Probability

Science / Genetics / Probability: The long term frequency of an event relative to all alternative events, and usually expressed as decimal fraction.

Other Words for Probability

Probability Adjective Synonyms: likelihood, likeliness, odds, expectation, chance(s), (distinct) possibility, presumption
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Base Probability Of Loss

Business / Finance / Base Probability Of Loss: The probability of not achieving a portfolio expected return. Related: Value at risk. MORE

Normal Probability Distribution

Business / Finance / Normal Probability Distribution: A probability distribution for a continuous random variable that forms a symmetrical bell-shaped curve around the mean. This distribution has no skewness or excess kurtosis. MORE

Probability Distribution

Business / Finance / Probability Distribution: A function that describes all the values a random variable can take and the probability associated with each. Also called a probability function. MORE

Cumulative Probability Distribution

Business / Finance / Cumulative Probability Distribution: Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. MORE

Probability Function

Business / Finance / Probability Function: A measure that assigns a likelihood of occurrence to each and every possible outcome. MORE

Probability Density Function

Business / Finance / Probability Density Function: The function that describes the change of certain realizations for a continuous random variable. MORE

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