Example: stock market
MATH 2P82 MATHEMATICAL STATISTICS (Lecture Notes)
9 Probability rules Pr(A∪B)=Pr(A)+Pr(B) but only when A∩B= ∅(disjoint). This implies that Pr(A)=1−Pr(A) as a special case. This also implies that Pr(A∩B)= Pr(A)−Pr(A∩B).
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