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In mathematics, an event that occurs with high probability (often shortened to w.h.p. or WHP) is one whose probability depends on a certain number n and goes to 1 as n goes to infinity, i.e. the probability of the event occurring can be made as close to 1 as desired by making n big enough.
See p. 36 of Halpern (2003). Probability measures are a special case of belief functions in which the mass function assigns positive mass to singletons of the event space only. A different notion of upper and lower probabilities is obtained by the lower and upper envelopes obtained from a class C of probability distributions by setting
W^5 – which was what we wanted. Synonym of Q.E.D. walog – without any loss of generality. wff – well-formed formula. whp – with high probability. wlog – without loss of generality. WMA – we may assume. WO – well-ordered set. [1] WOP – well-ordered principle. w.p. – with probability. wp1 – with probability 1.
Also confidence coefficient. A number indicating the probability that the confidence interval (range) captures the true population mean. For example, a confidence interval with a 95% confidence level has a 95% chance of capturing the population mean. Technically, this means that, if the experiment were repeated many times, 95% of the CIs computed at this level would contain the true population ...
Wikipedia's community uses the working definition for the word likely: "probable; having a greater-than-even chance of occurring" or "having a high probability of occurring." [1] Many statements are likely to be challenged, and many statements are unlikely to be challenged.
Moral certainty is a concept of intuitive probability. It means a very high degree of probability, sufficient for action, but short of absolute or mathematical certainty.
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
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