probability measures …
the chance that an event will occur on a scale of 0-1 inclusive
usually expressed as a fraction
p(outcome occurs)=
(no ways outcome can happen)/(total number of possibilities)
capital letters denote …
events
relationship between probability of event A and probability of event A’
p(A) = 1-p(A)
events are mutually exclusive if…
they cannot occur at the same time
events are independent if…
the occurrence of one does not affect the other
events are dependent if…
the occurrence of one does affect the other
the ‘OR’ rule/addition rule
p(A or B)= p(A) + p(B)
the ‘AND’ rule/multiplication rule
p(A and B)= p(A) x p(B)