Question: We often use the words probability, chance, likelihood, and risk interchangeably, and all of these words leave some room for uncertainty. Is there room for
We often use the words probability, chance, likelihood, and risk interchangeably, and all of these words leave some room for uncertainty. Is there room for uncertainty in mathematics? Or, is probability in fact, certain?
Do you think that the words probability and chance can be used interchangeably, or do these words have different meanings?
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