Rules Of Probability Flashcards
All probabilities are proportions
True or false?
True
All non overlapping probabilities for a random process must sum to 1
True or false
True
The probability of an event not occurring is equal to 1 - the probability that it does occur
Complement rule
[probability of desired outcomes] + [probability of not desired outcomes] = 1
- key words not and atleast 1*
Complement rule
The probability that A or B (or both) occur is
P(a) + P(b) - P( a and b)
* key word or*
Addition rule
For 2 independent events A&B, the probability that both occur is P(A and B) = P(A) x P(B)
* key word and*
Multiplication rule
When can you use multiplication rule?
If both variables are independent; must use rule to check if independent.
Probability of an event when another event is guaranteed to have occurred
P(A given B)= P(A&B)/ P(B)
Conditional probability