Search notes:
probability
Probability is the measure of the likelihood that an event will occur. The value of this probablity is between 0 and 1, inclusively.
Probability theory is the foundation of risk assessment, modeling and
statistics
.
Probability calculation summary
A and B
P(A ⋂ B)
P(A|B) * P(B) = P(B|A) * P(A)
A or B
P(A ⋃ B)
P(A) + P(B) - P(A ⋂ B)
A given B
P(A|B)
P(A ⋂ B) / P(B) = P(B|A)*P(A) / P(B)
This is *Bayes' theorem
See also
Probablity ditributions
stochastic
Index