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When all N outcomes are equally likely
(Favorable outcomes)/(total outcomes)
Product rule (can be broken into k stages)
nsub1 X nsub2 X … nsub3

Permutations (order matters)
All objects= n!
choose k from n = n!/(n-k)!

Combinations (order doesn’t matter)
N choose K = n!/[k!(n-k)!]
![<p>N choose K = n!/[k!(n-k)!]</p><p></p><p></p>](https://knowt-user-attachments.s3.amazonaws.com/659d48ad-24ee-4712-a7df-16488b8bcea1.jpg)
Complement
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Additional rule
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Three axioms of possibility
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