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Probability Rules Rule 1. The probability of any event (A) is a number between zero and one. 0 < P(A) < 1 Probability Rules Rule 2. The sum of the probabilities of all basic outcomes in the sample space must equal one P(S)=P(e1)+P(e2)+P(e3)+....+P(en)=1 Probability Rules Rule 3. The probability of the union of two basic outcomes is equal to the sum of the probabilities of the individual events If E1 = (e1, e2, e3) then, P(E1) = P(e1) + P(e2) + P(e3) Probability Rules Rule 4. The Complement of an event is the remainder of the sample space beyond the event P (A) = 1 - P (A) Probability Rules Rule 5. The Addition Rule describes the probability for the union of two events as the sum of marginal probabilities minus their joint (common) probability P(AUB) P(A) P(B) P(AI B) P(A or B) = P(A) + P(B) - P(A and B) Probability Rules Rule 6. Addition Rule for mutually exclusive events A and B P(AUB) = P(A) + P(B) P(A or B) = P(A) + P(B) Probability Rules Rule 7. Conditional probability for any two events, A and B, is P(AI B) P(A \ B) P(B) P (A given B) = P (A and B) / P (B) where, P (B) is not equal to zero Probability Rules Rule 8. Conditional probability for independent events, A and B, is P (A \ B) = P (A), and P (B \ A) = P (B) Probability Rules Rule 9. Multiplication rule for two Events, A and B, is P (A and B) = P (A) * P (B \ A), or P (B and A) = P (B) * P (A \ B) Probability Rules Rule 10. Multiplication rule for independent events, A and B, is P (A and B) = P (A) * P (B)