Get Probability Vs Possibility

having an appearance of truth or reason; seemingly worthy of approval or acceptance; credible; believable: a plausible excuse; a plausible plot.

Plausible values can therefore be defined as random values from the posterior distributions. In the example, a living room of 7.154 metres that was reported as 7 metres might be assigned any value from the normal distribution around the reported length of 7. It might be 7.45 as well as 6.55 or 6.95.

Answer and Explanation: To say that an event is 'plausible' means that it is reasonable to believe that a certain event will happen. This is similar to the term 'probable'; however, 'probable' means that an event is extremely likely to occur.

Whereas plausibility is thus based on “occurrability”, probability is in the business of “determining the likeliness of occurrence” (p. 137), which is a related but clearly different endeavor. In sum, Wiek et al.

When we think about a range of futures, we can organize them into four categories: Plausible futures: Possibilities that could happen given the bounds of uncertainty. Probable futures: Scenarios and possibilities that are likely to happen. Possible futures: The widest range of scenarios, including all possibilities.

Possibility is the universal set whereas probability is the subset. Possibility is surer to occur than probability. Possibility has its opposite in the word impossibility whereas probability has its opposite in the word improbability. Probability is a theory whereas possibility is a happening.

: superficially fair, reasonable, or valuable but often specious. a plausible pretext. : superficially pleasing or persuasive.