succespercentages
Success percentage is a measure of how often a defined outcome is achieved in a set of trials, expressed as a percentage. It represents an observed frequency and is distinct from probability, which is a theoretical likelihood estimated before data are collected. The value depends on a clear definition of what counts as a success and a known number of trials.
Calculation is straightforward: p̂ = (S / n) × 100, where S is the number of successes and
Statistical interpretation treats the reported percentage as a sample statistic. With larger samples, the estimate is
Applications are widespread. In manufacturing, success percentage reflects yield; in sports, it records win rates; in
Limitations include dependence on the definition of success and the chosen denominator. Comparisons require consistent criteria