Likelihood


Likelihood is the chance or probability of an event occurring. In aviation, likelihood is often used in the context of safety risk assessments to determine the probability of a hazardous event happening. This is usually expressed as a numerical value between 0 and 1, with 0 indicating that the event is impossible and 1 indicating that the event is certain. The likelihood of an event is influenced by a variety of factors, including the frequency of the event, the severity of the consequences, and the effectiveness of any risk controls that are in place.


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