What Is Likelihood?

1.	What Is Likelihood?
Answer» The probability of some observed OUTCOMES GIVEN a set of parameter VALUES is regarded as the likelihood of the set of parameter values given the observed outcomes. The probability of some observed outcomes given a set of parameter values is regarded as the likelihood of the set of parameter values given the observed outcomes.

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The probability of some observed OUTCOMES GIVEN a set of parameter VALUES is regarded as the likelihood of the set of parameter values given the observed outcomes.

The probability of some observed outcomes given a set of parameter values is regarded as the likelihood of the set of parameter values given the observed outcomes.

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What Is Likelihood?

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