Probability Rules Part 1

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6 Terms

1
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General Addition Formula

  • P(AUB)= P(A) + P(B) - P(A∩B)

  • P(AUB, but not both)= P(A) + P(B)-2P(A∩B)

2
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Contingency table and Venn diagrams

Ways to visually display data for probability

3
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Conditional Probability

When we want to know the probability of an event after we know that another event has already happened

4
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Conditional Probability Formula

P(B|A)= P(A∩B)/P(A)

5
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Make sure you know which event is given for conditional probability because..

P(A|B) is NOT the same as P(B|A)

6
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Independence formula

P(B|A)=P(B) (the probability that B happens is the same whether or not A happens)

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