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Probability measures how likely an event is to occur. It is expressed as a number between and (or equivalently, to ).
For equally likely outcomes:
For the probability that event or event occurs:
If and are mutually exclusive (cannot happen together):
For the probability that event and event both occur:
If and are independent:
The probability of given that has occurred:
The probability of exactly successes in independent trials, each with probability :
where
| Scenario | Formula |
|---|---|
| Single event | |
| Complement | |
| A or B (general) | |
| A and B (independent) | |
| Conditional | $P(A |
| Binomial |
The probability of an impossible event is 0. An impossible event has no favorable outcomes in the sample space, so the ratio of favorable to total outcomes equals zero.
Independent events do not affect each other's probabilities (like flipping two coins). Mutually exclusive events cannot happen at the same time (like rolling a 3 and a 5 on one die). Mutually exclusive events with nonzero probability are never independent.
With replacement, probabilities stay the same for each draw because the item is returned. Without replacement, probabilities change after each draw because the total number of items decreases and the composition changes.
Conditional probability P(A|B) is the probability of event A occurring given that event B has already occurred. It narrows the sample space to only outcomes where B is true, then checks how many of those also satisfy A.
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