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Chance Vs probability
What is the best way to remember/learn/calculate Chance Vs probability?
Thanks
SK
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What is the best way to remember/learn/calculate Chance Vs probability?
Thanks
SK
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I'm not sure where you are getting these questions from. Are you studying for PMP or something else?
:-)
Please add more context.
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It was one of the PMP free question (Kim's 5th edition book, free for PMI members) and to play safe on ethics, i asked question in this way. question was something like this
there is is 80% chances of something to be done. what is the probability that it will be done in period planned for ?
Hope I am more clear this time
Thanks
SK
https://www.differencebetween.com/difference-between-probability-and-vs-chance/
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I think they are the same. Maybe chance is a % and prob is a decimal. So 80% change is 0.8 prob. This is my guess. I went through most of Kim's quest and do not recall this.