Chance

Chance refers to the likelihood or probability that a particular event will happen. It is a way to quantify uncertainty, often expressed as a percentage or a ratio (e.g., 50%, 1 out of 4). For example, the chance of rolling a six on a fair die is 1 in 6, because there is one favorable outcome out of six possible outcomes. Chance recognizes that outcomes can be unpredictable and that some results occur randomly rather than by design or certainty. It plays a fundamental role in fields like statistics, gambling, science, and everyday decision-making.