Vocabulary for Describing Possibilities and Probabilities

Here is a list of vocabulary for describing possibilities and probabilities:

• Possibility: the state or condition of being possible or attainable
• Probability: the likelihood or chance of something happening
• Likelihood: the probability or chance of something happening
• Chance: the possibility of something happening, especially something unexpected or undesirable
• Risk: the possibility of harm, loss, or damage
• Opportunity: a favorable set of circumstances, or a chance for advancement or progress
• Possibility space: the set of all possible outcomes or results of a given situation
• Alternatives: a choice or option between two or more things
• Options: a choice or possibility of action
• Scenario: a possible sequence of events or a potential outcome.