what is the difference between possibility and probability of an event?explain with example.

Asked by ca_vipin | 2nd Dec, 2010, 12:00: AM

Expert Answer:

Dear student
Possibility is not a mathematical term it is just a speculation about the occurrence of an event.
Probability is the numerical  measure of uncertainity associated with an event.
Probabilty of getting a head is 50% on tossing a coin so it means there are 50% chances of getting the head. Where one of possibilities in a coin toss is getting the head

Answered by  | 3rd Dec, 2010, 09:31: AM

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