Independence and Probabilities of Independent Events
Free SOA Exam P (Probability) lesson in General Probability. 25 min read, ~3,772 words.
Independence definition:, equivalently. Mutually exclusive events with positive probabilities are NEVER independent. Complement swap: if independent, so are and. Series reliability:. Parallel:. "At least one":, avoids inclusion-exclusion entirely.
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What this lesson covers
- Content
- Example 1
- Example 2
- Example 3
- Example 4
- Example 5
- Example 6
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- 1c
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