likelihood

Vocabulary Word

Definition

'Likelihood' is about how likely or probable something is to happen. It's not just a guess, it often comes from information or data that helps predict an outcome.

Examples in Different Contexts

In statistical modeling, 'likelihood' quantifies how well the model explains observed data. A statistician might state, 'The likelihood function helps us estimate the parameters that make our observed data most probable under the assumed model.'

Practice Scenarios

Creative

Scenario:

Our impressions and click-through rates have improved since we revised our landing page's layout. Our user experience seems to be enhanced.

Response:

That's great to hear. Let's continue to improve the design to boost the likelihood of further engagement.

Tech

Scenario:

Our system has detected unusual activity which could indicate a security threat. We need to reinforce our firewall immediately.

Response:

If the likelihood of a cyberattack is high, we should certainly bolster our cybersecurity protocols.