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2.7: Conditional Probability

Difficulty Level: Basic Created by: CK-12
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Vocabulary

TermDefinition
conditional probability The probability of a particular dependent event  given the outcome of the event on which it occurs.
conditional probability formula The conditional probability formula is P(A/B) = P(AUB)/P(B)
Dependent Events In probability situations, dependent events are events where one outcome impacts the probability of the other.
Favorable Outcome A favorable outcome is the outcome that you are looking for in an experiment.
Independent Events Two events are independent if the occurrence of one event does not impact the probability of the other event.
Multiplication Rule States that for 2 events (A and B), the probability of A and B is given by: P(A and B) = P(A) x P(B).
Mutually Exclusive Events Mutually exclusive events have no common outcomes.
Sample Space In a probability experiment, the sample space is the set of all the possible outcomes of the experiment.

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MAT.PRB.510.L.1