Probability Quick Reference Card

Module 3: Probability Basics

GOLDEN RULES: 0 ≤ P(A) ≤ 1 • P(S) = 1 • P(not A) = 1 − P(A)

Basic Probability

P(A) = n(A) / n(S)

Favorable outcomes / Total outcomes

P(not A) = 1 − P(A)

Complement Rule

Counting Methods

FCP: n₁ × n₂ × n₃ × ...
Factorial: n! = n × (n−1) × ... × 1
Permutation: P(n,r) = n!/(n−r)!

(Order matters)

Combination: C(n,r) = n!/(r!(n−r)!)

(Order doesn't matter)

Swap items = different? YES → Perm, NO → Comb

Conditional Probability

P(A|B) = P(A and B) / P(B)
P(A and B) = P(A) × P(B|A)

Independence Test

A and B independent if:

  • P(A|B) = P(A), OR
  • P(A and B) = P(A) × P(B)

Probability Distributions

Valid Distribution

  • 0 ≤ P(X) ≤ 1 for all X
  • ΣP(X) = 1
E(X) = Σ[x · P(x)]

Expected Value (mean)

Var(X) = Σ[(x−μ)² · P(x)]
SD(X) = √Var(X)

Common Examples

SituationMethod
Coin flipP(H) = 1/2
Die rollP(any) = 1/6
Card from deckP(suit) = 13/52
Arranging booksn!
Committee selectionC(n,r)
Race winnersP(n,r)

Key Decision Tree

Counting Problem?

  • Multiple stages? → FCP
  • Arrange all? → n!
  • Order matters? → P(n,r)
  • Order doesn't? → C(n,r)

Probability Problem?

  • Basic? → n(A)/n(S)
  • "Not"? → 1 − P(A)
  • "Given"? → P(A|B)
  • "And"? → P(A) × P(B|A)
  • Independent? → P(A) × P(B)

Critical Reminders

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