Independent and Conditional Probabilities

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Description:

This packet reviews new terms and talks about the difference between mutually exclusive and independent events. It also demonstrates the multiplication rules for probability.

My Two Power Points go through the difference between mutually exclusive and independent events and demonstrate the multiplication rules for probability.

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Tutorial

Terms

Conditional Probability: The probability that an event will occur, given that one or more other events have already occurred. More precisely the probability that B will occur given that A has occured.

The symbol P(B/A) Represents Conditional Probability.

Independent Events: Two events are independent if the occurence of one event happening does not affect the probability of the other event from happening.

The events A and B are independent if..