Well, 50% IS half. So, I guess the odds are pretty even if it is going to rain, or not. Now, if I plan a barbeque, a picnic, or a softball game, and if the weather man said there was 0% chance of rain, we would have 2" of rain that day---guaranteed.
No, it mean's there is a 50% chance it's going to rain. It could go either way.
Not nessiarly, it means it has 50/50 chance of raining
Half the time, yes, half the time, no
about rain