The maximum value of probability in a cumulative density function (cdf) is 1, as probability is defined as a real number ranging from 0 to 1. Probability is not an event itself but rather a measure of the likelihood of an event occurring. While probability can be expressed as a percentage, the fundamental definition remains consistent across applications. Discussions about odds differ from probability, as odds represent a ratio rather than a direct probability value. Clarification on these concepts is essential for understanding their application in various contexts.