Please write 150-200 words on the definition a probability isstated as: A measure of the likelihood that an event in the future will happen; it can…

Please write 150-200 words on the definition a probability isstated as: A measure of the likelihood that an event in the future will happen; it can only assume a value between 0 and 1, inclusive. Explain the meaning of the 0 and 1.

Please include an in-text citation and reference list your sources in APA format to support key concepts, idea.