Step 1: Identify total possible arrangements.
There are 4 letters and 4 envelopes. The number of ways to place letters in envelopes is:
\[
4! = 24.
\]
Step 2: Identify the required probability.
We need the probability that not all letters are placed correctly.
This is equal to:
\[
1 - P(\text{all letters correctly placed}).
\]
Step 3: Find probability of all correct placement.
There is only one arrangement in which all letters go into the correct envelopes.
So,
\[
P(\text{all correct}) = \frac{1}{24}.
\]
Step 4: Use complement rule.
\[
P(\text{not all correct}) = 1 - \frac{1}{24}.
\]
Step 5: Simplify the expression.
\[
P = \frac{23}{24}.
\]
Step 6: Interpretation.
This means almost all arrangements are incorrect, and only one arrangement is perfectly correct.
Step 7: Final conclusion.
Thus, the required probability is \( \frac{23}{24} \).
Final Answer:
\[
\boxed{\frac{23}{24}}.
\]