**Likelihood** (*eikos*, *versimilis*) captures the idea that something is likely to happen or to have happened. As a formal concept, it has appeared in jurisprudence, commerce and scholasticism long before it was given a rigorous mathematical foundation.

Read more about Likelihood: Likelihood Function

### Other articles related to "likelihood":

**Likelihood**

... Theories arising around the

**likelihood**of North Queensland separating refer to an inevitable push for statehood based around contributing factors ...

**Likelihood**Function

...

**Likelihood**is a function of how likely an event is, which is weaker than probability (or odds in favor) ... In statistics, a

**likelihood**function is a function of the parameters of a statistical model, defined as follows the

**likelihood**of a set of parameter ...

**Likelihood**functions play a key role in statistical inference, especially methods of estimating a parameter using a statistics (a function of the data) ...

... the prior probability of a statistical model (Pr ) with the

**likelihood**(Pr ) to produce a posterior probability distribution of the parameter (Pr ) ... The posterior probability is the

**likelihood**that the parameter is correct given the observed data or samples statistics ... It provides a measure of the data and if it has increased or decreased the

**likelihood**of one hypotheses relative to another ...

... Logarithms are used for maximum-

**likelihood**estimation of parametric statistical models ... For such a model, the

**likelihood**function depends on at least one parameter that must be estimated ... A maximum of the

**likelihood**function occurs at the same parameter-value as a maximum of the logarithm of the

**likelihood**(the "log

**likelihood**"), because ...

... Edwards, to describe the graph of the natural logarithm of the

**likelihood**function ... and the graph has a direct interpretation in the context of maximum

**likelihood**estimation and

**likelihood**-ratio tests ...

### Famous quotes containing the word likelihood:

“Sustained unemployment not only denies parents the opportunity to meet the food, clothing, and shelter needs of their children but also denies them the sense of adequacy, belonging, and worth which being able to do so provides. This increases the *likelihood* of family problems and decreases the chances of many children to be adequately prepared for school.”

—James P. Comer (20th century)

“What *likelihood* is there of corrupting a man who has no ambition?”

—Samuel Richardson (1689–1761)