The difference between Possibility and Probability
When used as nouns, possibility means the quality of being possible, whereas probability means the state of being probable.
check bellow for the other definitions of Possibility and Probability
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Possibility as a noun:
The quality of being possible.
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Possibility as a noun:
A thing possible; that which may take place or come into being.
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Possibility as a noun:
An option or choice, usually used in context with future events.
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Probability as a noun:
The state of being probable; likelihood.
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Probability as a noun:
An event that is likely to occur.
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Probability as a noun:
The relative likelihood of an event happening.
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Probability as a noun (mathematics):
A number, between 0 and 1, expressing the precise likelihood of an event happening.
Examples:
"usex The probability of an event A occurring is denoted P(A)."