Difference between revisions of "Basic relationships in probability"
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(Replaced content with "Basic relationships in probability Category:mbi") Tag: Replaced |
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| − | + | * [[Mutually exclusive events|Mutually exclusive events]] | |
| + | * [[Non-mutually exclusive events|Non-mutually exclusive events]] | ||
| + | * [[Independent events|Independent events]] | ||
| + | * [[Dependent events|Dependent events]] | ||
| + | |||
| + | If events A and B are ''mutually exclusive'' then: | ||
| + | {{{ | ||
| + | P(A or B) = P(A) + P(B) | ||
| + | }}} | ||
| + | |||
| + | If events A and B are ''non mutually exclusive'' then: | ||
| + | {{{ | ||
| + | P(A or B) = P(A) + P(B) - P(A and B) | ||
| + | }}} | ||
| + | |||
| + | If events A and B are ''independent'' then: | ||
| + | {{{ | ||
| + | P(A and B) = P(A) X P(B) | ||
| + | }}} | ||
| + | |||
| + | If events A and B are ''dependent'' then: | ||
| + | {{{ | ||
| + | P(A and B) = P(A) X P(B | A) | ||
| + | }}} | ||
| + | |||
| + | Where P(B | A) is the probability that B occurs given that A already happened. | ||
| + | |||
| + | Part of [[M7-Quantitative Decision Methods-S2 - Probability and decision trees|M7-Quantitative Decision Methods-S2 - Probability and decision trees]] | ||
[[Category:mbi]] | [[Category:mbi]] | ||
Latest revision as of 19:53, 27 August 2020
If events A and B are mutually exclusive then: {{{ P(A or B) = P(A) + P(B) }}}
If events A and B are non mutually exclusive then: {{{ P(A or B) = P(A) + P(B) - P(A and B) }}}
If events A and B are independent then: {{{ P(A and B) = P(A) X P(B) }}}
If events A and B are dependent then:
A)
Where P(B | A) is the probability that B occurs given that A already happened.
Part of M7-Quantitative Decision Methods-S2 - Probability and decision trees