# Probability

*Math & Statistics — Finicade finance glossary*

How likely something is, on a scale from 0 (never) to 1 (certain). It's the language of uncertainty — every risk model, option price and expected value is built out of probabilities.

**Related terms:** [Expected Value](https://finicade.com/glossary/expected-value), [Normal Distribution](https://finicade.com/glossary/normal-distribution), [Risk-Neutral Pricing](https://finicade.com/glossary/risk-neutral-pricing)

**Taught in:** Math Masters — Probability & Random Variables

Source: https://finicade.com/glossary/probability