Ratio vs Probability - What's the difference?
ratio | probability |
A number representing a comparison between two things.
(arithmetic) The relative magnitudes of two quantities (usually expressed as a quotient).
(legal) Short for ratio decidendi.
the state of being probable; likelihood
an event that is likely to occur
the relative likelihood of an event happening
(mathematics) a number, between 0 and 1, expressing the precise likelihood of an event happening
