Mutually Exclusive Events

Free SOA Exam P (Probability) lesson in General Probability. 14 min read, ~2,035 words.

Mutually exclusive:, the events cannot both occur in one experiment. Simple addition rule: when the events are mutually exclusive. Partition of S: mutually exclusive plus exhaustive, with probabilities that sum to 1. Mutually exclusive independent: ME events with positive probabilities are maximally dependent. Law of total probability: a partition decomposes...

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