likelihood definition

likelihood means the probability that something will occur. Likelihood is generally expressed qualitatively or quantitatively.
likelihood means a chance of something happening1;
likelihood. ’ means the estimated probability that an effect will occur.

Examples of likelihood in a sentence

  • Likelihood ratio statistic and chi-square goodness-of-fit statistics belong to this category (Evren&Tuna,2012).

  • The company will adopt the following system to rate potential hazards under the following criteria.Severity of harm from the hazard Likelihood of occurrence Slight Injury 1 Unlikely to occur 1Minor Injury 2 may occur in time 2Serious Injury 3 Probably will occur 3Risk rating = Severity x Likelihood 1-3 Low3-6 Medium6-9 High 10.

  • Three key inputs to cash flow CDO ratings• Collateral diversification• Likelihood of default• Recovery rates Equity in a CDOs ⚫ The lowest credit tranche – subordinated note.⚫ It will absorb the first loss of the portfolio (similar to insurance deductible).⚫ It has the highest credit risk.⚫ The only tranche without investment grade rating.

  • In Table 5, we report the standard deviation of the variance in treatment effects as well as the p-value associated with a Likelihood Ratio test of the significance of our prior-year school-by-treatment random effects.

  • Ritter, University of Southern CaliforniaHow Alumni Affiliation and Fatigue Affect the Likelihood of Evidence Collection.

  • CeffKd × (1 2 Bcl2)=Bcl2 (7a) ReferencesAhn JE, Karlsson MO, Dunne A, and Ludden TM (2008) Likelihood based approaches to handling data below the quantification limit using NONMEM VI.

  • Table 2 shows the effect of speaker adaptation (SA) using Con- strained Maximum Likelihood Linear Regression (CMLLR) and lattice rescoring using an RNN-LM.

  • On the Performance of Maximum Likelihood Versus Means and Variance Adjusted Weighted Least Squares Estimation in CFA.

  • Risk Score Matrix Low Low-to- mediumMedium Medium- to-high High Hazard Likelihood ScoreNote: Red indicates high risk, dark orange indicates medium-to-high risk, gray indicates medium risk, gold indicates low-to-medium risk, and yellow indicates low risk.

  • Hazard Likelihood Scores and Threshold Descriptions Hazard Likelihood Scores Table adapted from (Stout et al.


More Definitions of likelihood

likelihood means. It means, at minimum, more likely than not.
likelihood means the chance of something happening, whether defined, measured or determined objectively or subjectively, qualitatively or quantitatively, and described using general terms or mathematically such as a probability or a frequency over a given time period;
likelihood means the chance of something happening, whether defined, measured or determined objectively or subjectively, qualitatively or quantitatively, and described using general terms or mathematically such as a probability or a frequency over a given time period, in accordance with ISO Guide 73:2009, definition 3.6.1.1;
likelihood means chance of something happening;
likelihood means a rating of the assessed potential for a harmful event to occur.

Related to likelihood

  • Impact means any effect caused by a proposed activity on the environment including human health and safety, flora, fauna, soil, air, water, climate, landscape and historical monuments or other physical structures or the interaction among these factors; it also includes effects on cultural heritage or socio-economic conditions resulting from alterations to those factors;

  • Substantial means more than minor or trivial

  • Aggravated circumstances means circumstances in which a parent:

  • Success means that the Client’s claim is finally decided in his or her favour, whether by a court decision or an agreement to pay damages or in any way that results in the Client deriving a benefit from pursuing the Claim.

  • Adverse impact on visibility means visibility impairment which interferes with the management, protection, preservation or enjoyment of the visi- tor’s visual experience of the Federal Class I area. This determination must be made on a case-by-case basis taking into account the geographic extent, in- tensity, duration, frequency and time of visibility impairment, and how these factors correlate with (1) times of vis- itor use of the Federal Class I area, and(2) the frequency and timing of natural conditions that reduce visibility.

  • Adverse Change A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Note is impaired.

  • Harm means ill-treatment or the impairment of health or development, including for example, impairment suffered from seeing or hearing the ill-treatment of another;

  • Threatening behavior means any pattern of behavior or isolated action, whether or not it is directed at another person, that a reasonable person would believe indicates potential for future harm to students, school personnel, or school property.

  • Material Adverse Change is (a) a material impairment in the perfection or priority of Bank’s Lien in the Collateral or in the value of such Collateral; (b) a material adverse change in the business, operations, or condition (financial or otherwise) of Borrower; or (c) a material impairment of the prospect of repayment of any portion of the Obligations.

  • Outcome means a job/training or placement outcome after the Start Date; and a Participant has been in employment/training/placement and Off-Benefit each week; and there has been an either continuous or cumulative individual period of employment/training/placement (Outcome payment trigger point) as detailed in the Specification for each Participant Group].

  • Results means any information, documentation, designs, technical drawings, software (system and application software), algorithms, elaborated design data, technical or industrial data, tools, knowledge, know-how, trade secrets, equipment and services process, methodology, and any intellectual property therein, regardless of their support and whether or notprotected byan intellectual property right, developed, created or acquired by one Party during the execution of the Contract. The Results shall become the exclusive property of Purchaser as and when they are created or developed.

  • Extraordinary Circumstances means a situation in which an environmental assessment (EA) or environmental impact statement (EIS) is not normally required, but due to unusual conditions, an EA or EIS is appropriate. Indicators of unusual conditions are:

  • Threatened species means any species which is likely to become an endangered species within the foreseeable future throughout all or a significant portion of its range.

  • aware means the (a) actual knowledge or awareness of any of the officers, directors or managers of any Credit Party or any Subsidiary, including their successors in their respective capacities and (b) the knowledge or awareness which a prudent business person would have obtained in the conduct of his or her business after making reasonable inquiry and reasonable diligence with respect to the particular matter in question.

  • Deputation means a person or group of persons who wish to appear personally before the council or a committee of the council in order to address the council or committee of the council;

  • materially shall, when used in this Agreement, be construed, measured or assessed on the basis of whether the matter would materially affect a party and its subsidiaries, taken as a whole; and

  • Exigent Circumstance means a Covered Person either has a Condition that may seriously jeopardize his or her life, health, or ability to regain maximum function or is undergoing a current course of treatment using a non-Formulary medication. The request for an expedited review should include the following support:

  • Imminent danger means there is reasonable cause to believe the life or physical, emotional, or financial well-being of an individual is in danger if no intervention is immediately initiated.