Chance: Chance refers to the possibility of an event occurring, often expressed as a probability. - Likelihood pertains to the probability of a specific outcome given certain conditions, indicating the plausibility of that outcome within a given context. Also see Likelihood, Probability._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |