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Probability
/ˌprɒbəˈbɪləti/
The likelihood or chance of a specific event happening.
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Examples:
What's the probability we will have rain today?The probability of winning the lottery is very low.
Etymology:
First used in the 16th century, probability stems from the Latin probabilitas, which meant credibility or likelihood. It was formed from probabilis meaning something provable or likely, and probāre, to test or prove.