0:00 / 0:00

Summary of Key Definitions

It is important to understand the differences between complement, mutually exclusive, intersection, independent, and union!


"Complement"
P(A)+P(Ac)=1P(A)+P(A^c)=1

The probability of Event A and the probability of Event not-A add up to 100%.


"Mutually Exclusive" (or Disjoint)
P(AB)=0P(A\cap B)=0

Event A and Event B do not overlap.


"Intersection"
P(AB)P(A\cap B)


Event A and Event B overlap. Intersection is the opposite of mutually exclusive.



"Independent"
P(A)P(B)=P(AB)P(A)\cdot P(B)=P(A\cap B)


The occurrence of Event A does not affect the occurrence of Event B, and vice versa.


"Union"
P(AB)=P(A)+P(B)P(AB)P(A\cup B)=P(A)+P(B)-P(A\cap B)


When Event A and Event B overlap, you need to subtract the overlap portion to avoid double-counting.