Learn how to calculate probability using the basic formula, AND/OR rules, and complement rule. Covers independent vs dependent events, conditional probability, and real-world examples.
Probability is the mathematical language of uncertainty. It quantifies the likelihood of an event โ from the flip of a coin to the chance of rain tomorrow to the risk of a business venture failing. Understanding probability makes you a better decision-maker, a sharper reader of statistics, and less susceptible to the common misconceptions (like the gambler's fallacy) that lead people astray.
P(Event) = Number of favorable outcomes รท Total number of possible outcomes
This applies when all outcomes are equally likely (a fair coin, a fair die, a well-shuffled deck).
P(Event does NOT happen) = 1 โ P(Event happens)
Example: Probability of NOT rolling a 6 on a d6 = 1 โ 1/6 = 5/6 โ 83.3%
The complement rule is often the easiest path to "at least one" problems:
P(at least one 6 in 3 rolls) = 1 โ P(no 6 in 3 rolls) = 1 โ (5/6)ยณ = 1 โ 0.579 = 42.1%
For independent events (where one event doesn't affect the other):
P(A and B) = P(A) ร P(B)
Example: Rolling a 6 on a die AND flipping heads on a coin:
P = 1/6 ร 1/2 = 1/12 โ 8.33%
For dependent events (where the first event changes the probability of the second):
P(A and B) = P(A) ร P(B|A)
P(B|A) means "probability of B given A has occurred."
Example: Drawing two aces from a deck without replacement:
For mutually exclusive events (cannot both happen at once):
P(A or B) = P(A) + P(B)
Example: Rolling a 1 OR a 6 on a die: P = 1/6 + 1/6 = 2/6 = 33.3%
For non-mutually exclusive events (can both happen at once):
P(A or B) = P(A) + P(B) โ P(A and B)
The subtraction avoids double-counting the overlap.
Example: Probability of drawing a heart OR a face card from a deck:
P(B|A) = P(A and B) รท P(A)
This reads as "the probability of B, given that A has already occurred."
Example: In a group of 100 people, 40 exercise regularly and 25 exercise regularly AND have low blood pressure. What is the probability that someone who exercises regularly has low blood pressure?
For n independent trials each with probability p of success, the probability of exactly k successes:
P(X = k) = C(n,k) ร pแต ร (1โp)^(nโk)
Where C(n,k) = n! รท (k! ร (nโk)!) is the number of combinations.
Example: A free throw shooter makes 75% of shots. Probability of making exactly 4 of 5 attempts:
The expected value (E) is the long-run average outcome of a random variable:
E = ฮฃ (outcome ร probability of that outcome)
Example: A lottery ticket costs $2. You win $100 with probability 1/200 and $0 otherwise:
The false belief that past random events affect future independent events. If a coin lands heads 10 times in a row, the probability of tails on the next flip is still exactly 50% โ the coin has no memory.
The tendency to rate a specific combination as more likely than one of its components alone. "Linda is a bank teller who is active in the feminist movement" is always less likely than "Linda is a bank teller" โ but people often rate the conjunction as more probable because it's more representative of a mental image.
Ignoring the overall probability of an event when updating on new information. If a disease affects 1 in 1,000 people and a test is 99% accurate, a positive test result is actually only about 9% likely to indicate you actually have the disease (because false positives from the 999 healthy people outnumber true positives).
Use our free Probability Calculator — results appear as you type. No sign-up needed!
🚀 Open Probability Calculator Free