Is there a logical difference between possiblity and probability?
When the term 'odds' is used, is that refering to "possiblity" or "probability", or does it have its own unique definition?
When the term 'chance' is used, is that refering to "possiblity" or "probability", or does it have its own unique definition?
Using the Powerball lottery as an example, is there a difference between the possiblity and the probability of the numbers 1 through 6 being drawn (in exact numerical order)?
I've argued that the POSSIBLITY of 1 through 6 being drawn in exact numerical order has the same POSSIBILITY as any other numbers being drawn in any order ... but that the PROBABILITY of 1 through 6 being drawn in exact numerical order is much lower then any other numbers being drawn. Am I right or wrong?
2006-12-08
03:01:27
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9 answers
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asked by
kennedystephen
1
in
Mathematics