What is the differences between possibility and probability?

Possibilty is something we used to describe an event may or may not happen.Technically , possibility of any event is always '0' or '1' for example 'yes' or 'no'.

If an event is possible, how likely will its occurrence be, under a given situation is probability.

Besides, Probability is a numerical measure of the likelihood that a specific event will occur. Basically, probability is a numerical numerical charecteristic of likelihood of an event.

Let us take an example to understand it-

When we roll a dice, possibility of it showing up number 5 is 'yes' (or 1) , possibility of showing up number 8 is 'no' (or 0). In a situation where dice rolled once probability of it showing up number 5 is 1/6.

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