The Basic Probability Formula
The Probability of Sample Space
Must sum to 1
Complementary Events
P(A) + P(Not A) = 1
The Probability of A and B
If A and B are independent:
P(A and B) = P(A) x P(B)
If A and B are not independent:
P(A and B) = P(A) x P(B|A)
The Addition Rule
Mutually Exclusive Events
P(A or B) = P(A) + P(B)
Events That Are Not Mutually Exclusive
P(A or B) = P(A) + P(B) - P(A and B)
Probability of “Choosing At Least 1 Object”
P(at least 1 item occurs)