Likelihoods Meaning: Definition, Examples, and Translations

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likelihoods

[ˈlaɪklɪhʊdz ]

Definitions

^{Context #1 | Noun}

probability estimation

The likelihoods represent the chances or probabilities of different outcomes occurring in a given situation.

Synonyms

chances, odds, probabilities.

Which Synonym Should You Choose?

Word	Description / Examples
likelihoods	Use when discussing the potential outcomes of events, often in a formal or technical setting. The likelihoods of different economic scenarios must be evaluated before making a policy decision
probabilities	Appropriate for scientific, mathematical, or technical discussions where precise measurements of likelihood are used. In statistics, we calculate probabilities to understand data trends The probabilities of different genetic traits are important in biology
chances	Ideal for casual conversations or everyday language, often dealing with hopeful situations or minor risks. What are my chances of getting the job? There are high chances of rain this afternoon
odds	Commonly used in gambling, statistics, or where a numerical probability is often given. Sometimes implies a more calculated or analytical approach. The odds of winning the lottery are very low Given the odds, investing in that stock seems risky

Examples of usage

The likelihoods of winning the lottery are extremely low.
There are different likelihoods of success depending on the approach taken.

^{Context #2 | Noun}

plausibility

Likelihoods can also refer to the plausibility or credibility of a statement or event.

Synonyms

credibility, plausibility, probability.

Which Synonym Should You Choose?

Word	Description / Examples
likelihoods	This term is used to describe the chances or odds of something happening, generally in a statistical or probabilistic context. The likelihood of rain tomorrow is quite high. You need to consider the likelihoods of various outcomes before making a decision.
plausibility	Plausibility is used to describe how reasonable or believable something appears. It does not necessarily deal with statistical probability, but rather with the surface-level believability of a scenario or statement. The plot of the movie stretched the bounds of plausibility. She questioned the plausibility of his excuses.
credibility	Credibility refers to the trustworthiness or believability of a source or claim. It is often used in contexts involving testimony, information, or character assessments. Can imply a positive connotation. The witness's credibility was questioned during the trial. Her credibility as a journalist has been established over many years.
probability	Probability is often used in a mathematical or statistical sense to express the likelihood of a certain event happening. Typically used in scientific, academic, or analytical contexts. The probability of drawing an ace from a deck of cards is 1 in 52. We calculated the probability of different outcomes using statistical models.

Examples of usage

The likelihoods of his story being true are slim.
The likelihoods of her winning the race are high.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Statistics

In statistics, likelihoods are crucial for determining probabilities in data analysis and hypothesis testing.
The likelihood function helps statisticians find the parameter values that make observed data most probable.
Bayesian statistics relies heavily on updating likelihoods as new evidence comes in, allowing for more accurate predictions.

Pop Culture

Films and novels often play with likelihoods to create suspense, making audiences guess which characters will survive or succeed.
In the world of gambling, understanding likelihoods can influence how players approach games like poker or sports betting.
Reality TV shows frequently hinge on the likelihoods of events, such as who will be voted off or win a competition.

Psychology

Our judgments about likelihoods can be affected by cognitive biases, such as the availability heuristic, where recent experiences shape our predictions.
People often overestimate likelihoods based on emotions or anecdotal experiences rather than statistical evidence.
Understanding likelihoods is a key part of decision-making, helping us weigh risks and benefits in everyday life.

Philosophy

Philosophers have debated the concept of likelihood for centuries, exploring how it affects our understanding of truth and prediction.
The idea of likelihood relates to determinism, questioning whether events are predetermined or simply probable outcomes.
Likelihood also intersects with discussions of free will, as choices made can alter perceived probabilities of future events.

Origin of 'likelihoods'

Main points about word origin

The term 'likelihood' comes from the Old English word 'licod,' which means 'likeness' or 'similarity,' connecting to the idea of comparison.
It evolved in the late 14th century, originally describing probability in a more abstract way, not just events.
The suffix '-hood' indicates a state of being, emphasizing the quality of being likely.

The word 'likelihoods' originated in the 16th century from the combination of 'likely' and '-hood' suffix. It has been used to describe the probability or plausibility of events or outcomes in various contexts throughout history.