What is probability?
Probability measures how likely an event is, on a scale from 0 (impossible) to 1 (certain).
Probability explained
Key formula
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Probability: common questions
- What does mutually exclusive mean?
- Two events that cannot both happen, so the probability of their intersection is zero and you simply add their probabilities.
- What is conditional probability?
- The probability of one event given another has already happened, written P(A | B) and calculated as P(A ∩ B) ÷ P(B).
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