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contigency

Contingency refers to the dependence of events on chance, or to events that may happen but are not guaranteed. The term derives from Latin contingere, "to happen, befall." In philosophy and modal logic, a proposition or fact is called contingent if it could be true or false in different possible worlds, in contrast with necessary truths that could not be false. Contingency thus contrasts with necessity and with impossibility, and it underpins discussions of freedom, determinism, and chance.

In probability and statistics, a contingent event is one whose occurrence is not certain; its probability is

In practical contexts, contingency often refers to planning for unforeseen events. Contingency planning develops backup options

Contingency is also used in everyday language to describe dependability on external factors, or to acknowledge

between
0
and
1.
Contingency
tables
(cross-tabulations)
examine
the
relationship
between
two
categorical
variables
and
are
analyzed
with
tests
such
as
chi-squared
to
assess
independence.
to
maintain
operations
during
disruptions,
such
as
supply
chain
delays,
natural
disasters,
or
financial
shocks.
Organizations
may
establish
contingency
funds,
or
reserves,
and
disaster
recovery
or
business
continuity
plans
to
mitigate
risks.
that
outcomes
are
not
predetermined.
The
common
misspelling
contigency
is
widespread;
the
standard
spelling
is
contingency.