More Consequences
Another important property is:
This is called the addition law of probability, or the sum rule. That is, the probability that A or B will happen is the sum of the probabilities that A will happen and that B will happen, minus the probability that both A and B will happen. This can be extended to the inclusion-exclusion principle.
That is, the probability that any event will not happen is 1 minus the probability that it will.
Read more about this topic: Probability Axioms
Famous quotes containing the word consequences:
“Results are what you expect, and consequences are what you get.”
—schoolgirl’s definition, quoted in Ladies’ Home Journal (New York, Jan. 1942)
“If you are prepared to accept the consequences of your dreams ... then you must still regard America today with the same naive enthusiasm as the generations that discovered the New World.”
—Jean Baudrillard (b. 1929)