Noun
/ˈlīklēˌho͝od/,
Font size:
The state or fact of something's being likely; probability,

The state or fact of something's being likely; probability
 
young people who can see no likelihood of finding employment
 
situations where there is a likelihood of violence
Web Definitions:
 the probability of a specified outcome
 In statistics, the likelihood function (often simply the likelihood) is a function of the parameters of a statistical model that plays a key role in statistical inference. ...
 Given a hypothesis, the probability of observing certain data.
 The possibility that a given event will occur.
 The conditional probability of observable evidence given a hypothesized state and set of parameters. This is often written where represents the observable evidence, and is a parameter or unknown variable. ...
 A qualitative description of a probability or frequency.
 is the probability density of observations calculated from parameters and not observations.
 promise, appearance.