Inclusive and Exclusive Events (10.8.4) Flashcards
• REVIEW: Probability is defined as the ratio of the number of ways an event can be successful divided by the total number of possible outcomes.
• REVIEW: Probability is defined as the ratio of the number of ways an event can be successful divided by the total number of possible outcomes.
• Events are inclusive events when they can occur at the same time. The probability of two inclusive events occurring is equal to the sum of their individual probabilities.
• Events are inclusive events when they can occur at the same time. The probability of two inclusive events occurring is equal to the sum of their individual probabilities.
• Events are exclusive events when they cannot occur at the same time. The probability of two exclusive events occurring is equal to the sum of their individual probabilities minus the probability that both events will occur.
• Events are exclusive events when they cannot occur at the same time. The probability of two exclusive events occurring is equal to the sum of their individual probabilities minus the probability that both events will occur.