What Is Probability?
Basic Rules
For independent events, the probability of both happening is the product of their probabilities. The probability that an event does not happen is 1 minus its probability.
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🔗 Related Terms
More Math & Statistics Terms
- Absolute Value
- Confidence Interval
- Correlation
- Exponent
- Exponential Growth
- Grade Point Average (GPA)
Last updated: September 27, 2026. This definition is for general educational purposes only. It is not financial, investment, tax, legal, or medical advice, and it does not recommend any product or course of action. For decisions about your own situation, consult a qualified professional.