Please JUSTIFY the following in 250 words.

The note should have intext citations. For example, anything with numbers or quotes per paragraph. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks

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Great dialogue on the topic of probability and the meaning of 0 and 1 inclusive.Remember probability is simply the quantitative and or statistical likelihood of an event occurring based on a fixed number of possible outcomes (simple probability) or a distribution of outcomes over a specified time period (probability distribution).0 and 1 are just raw scores that have not yet been converted to percentages, which really places the respective probability into the appropriate perspective.0 and 1 are absolute values meaning that if the probability of an event happening is 0 the it will NOT happen and if the probability of an event happening is 1 then it WILL happen.0 and 1 can also be characterized as 0% and 100%, therefore the probability of any event occurring will be between 0%-100% inclusive.For simple probability with a defined and or fixed number of outcomes, the probability can be calculated by simple dividing the desired outcome by the total number of possible outcomes, however, calculating probabilities from a distribution of possibilities will be a bit more complex based on the desired outcome of measure.