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Probability concepts

What does P(A) represent?

The probability of A occuring

What does P(A ∩ B) represent?

The probability of both a and b occuring

what does P(A U B) represent?

The probability of a or b on their own or a and b together occuring

What does P(A') represent?

The probability of not a occuring

What does P(A U B) = P(A' ∩ B') represent?

The probability of neither a or b occuring

When are probability trees used?

When there is a sequence of events

What does mutally exclusive mean?

Events that cannot both occur at the same time

What does not mutally exclusive mean?

Events that can both occur at the same time

When do complementary events occur?

When there are only two outcomes

What is conditional probability?

When the probability of an event is altered by the occurence of another event

What is an independent event?

The occurence of one event makes no difference to the probability of the second event

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