Difference between revisions of "Some Probability Formulas"

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(Created page with "== Some useful probability formulas == '''The Addition Rule''' Consider 2 events, ''A'' and ''B''. To find the probability that either ''A'' or ''B'' (or both) will occur, w...")
 
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[[File:Addition_Rule_Formula.JPG]]
 
[[File:Addition_Rule_Formula.JPG]]
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We subtract the probability of both ''A'' and ''B'' occurring, as to not "double count" them. This can seen better by looking at the following Venn Diagram:
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[[File:A_and_B_Venn_Diagram.JPG]]

Revision as of 12:06, 11 February 2022

Some useful probability formulas

The Addition Rule

Consider 2 events, A and B. To find the probability that either A or B (or both) will occur, we can use the following formula, called the addition rule:

Addition Rule Formula.JPG

We subtract the probability of both A and B occurring, as to not "double count" them. This can seen better by looking at the following Venn Diagram:

A and B Venn Diagram.JPG