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What does likelihood mean?

Looking for the meaning or definition of the word likelihood? Here's what it means.

Noun
  1. The probability of a specified outcome; the chance of something happening; probability; the state of being probable.
  2. (statistics) The probability that some fixed outcome was generated by a random distribution with a specific parameter.
  3. Likeness, resemblance.
  4. (archaic) Appearance, show, sign, expression.
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Examples
The algorithm relies on probabilistic modeling of data and seeks idealization that has a maximal likelihood.
In all likelihood, you will make it away from the table without disgracing yourself.
Next, all divergence times and substitution rates were found by maximum likelihood.
We focus primarily on calculation of the likelihood, which is equal to the probability of the genotypic data under the assumed model.
In non-fatal mishaps, we all know that motorcyclists stand an increased likelihood of sustaining a permanent debilitating injury.
For them, high job insecurity may increase the likelihood attending work while ill, a phenomenon known as sickness presenteeism.

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