Orders of magnitude (probability)
ID: orders-of-magnitude-probability
Orders of magnitude refer to the scale or size of quantities, often expressed as powers of ten. When it comes to probability, orders of magnitude can be used to compare the relative likelihood of different events occurring, particularly when those probabilities span several orders of magnitude. For example, an event with a probability of \(0.1\) (10%) can be expressed as \(10^{-1}\), while an event with a probability of \(0.001\) (0.
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