We know that:
Technically, possibility of any event is always 1 or 0 i.e. 'yes' or 'no'. If an event is possible, how likely will its occurrence be, under a given situation is probability.
Example, When we roll a dice, possibility of it showing up number 5 is 'Yes' (or 1) possibility of showing up number 8 is 'No'(or 0).In a situation where the dice is rolled once, Probability of it showing up number 5 is 1/6.
So, every event that we consider while finding the probability of occurrence of a particular event, is a possible event.
Now let's suppose you are giving an advice to someone who needs to look at the matter from the outside and there are some hidden aspects of the matter they are dealing with which are not visible for them and you intend to explain and clarify them the way the have to take and the steps they have to go through. You say:
- You should consider all the aspects of the matter prior to making any decision. You have to consider all the probabilities / likelihood.
I was wondering if you could help me out with this case? I know I can say something like:
- You should consider all the possibilities.
but is it possible to say:
- You should consider all the probabilities / likelihood.
If not, then why?