What is Probability?
In Mathematics, Probability theory is the study of chances. In real life, we predict chances depending on the situation. But Probability theory is bringing a mathematical foundation for the concept of Probability. For example, if a box contain 10 balls which include 7 black balls and 3 red balls and randomly chosen one ball. Then the Probability of getting red ball is 3/10 and Probability of getting black ball is 7/10. When coming to statistics, Probability is like the back bone of statistics. It has a wide application in decision making, data science, business trend studies, etc.
How to Calculate Probability of Independent Events A and B Occurring Together?
Probability of Independent Events A and B Occurring Together calculator uses Probability of Occurrence of Event A and Event B = Probability of Event A*Probability of Event B to calculate the Probability of Occurrence of Event A and Event B, The Probability of Independent Events A and B Occurring Together formula is defined as the likelihood that two events A and B happen together where A and B are independent events, i.e. the outcome of one event does not affect the outcome of another. Probability of Occurrence of Event A and Event B is denoted by P_{(A∩B)} symbol.
How to calculate Probability of Independent Events A and B Occurring Together using this online calculator? To use this online calculator for Probability of Independent Events A and B Occurring Together, enter Probability of Event A (P_{(A)}) & Probability of Event B (P_{(B)}) and hit the calculate button. Here is how the Probability of Independent Events A and B Occurring Together calculation can be explained with given input values -> 0.1 = 0.5*0.2.