Those who wish to receive an intervention, having considered the probability of a particular outcome, will translate their need into a demand for care.
The probability of an outcome usually depends on an interplay between multiple associated variables.
Some people find it difficult to judge the probability of a given outcome, say the success of a specific development job, directly.
- In these situations, it is said that the probability of a desired outcome equals is half - or one second.
So there is an incentive by borrowers not to exert high effort, even though doing so will result in higher probability of a successful outcome.
But lacking proof of a reasonable probability of a different outcome, such problems were not enough to overturn the election, he said.
Ominously, it concludes that the probability of a much worse outcome is higher than a much better one.
It expresses the total probability of an outcome which can be realized via several distinct events, hence the name.
Predictive modelling is the process by which a model is created or chosen to try to best predict the probability of an outcome.
In estimating the probability of an outcome in an experiment, one generally models a real-life situation.