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Algebra of Events Video Lecture | Mathematics for GRE Paper II

FAQs on Algebra of Events Video Lecture - Mathematics for GRE Paper II

1. What is the algebra of events in probability theory?
Ans. The algebra of events refers to the set of rules and operations used to combine and manipulate events in probability theory. It involves operations such as union, intersection, and complement of events to calculate probabilities.
2. How do you calculate the union of two events in the algebra of events?
Ans. To calculate the union of two events A and B in the algebra of events, we take all the outcomes that are in either A or B or both. This is denoted by A ∪ B and can be calculated as P(A ∪ B) = P(A) + P(B) - P(A ∩ B).
3. What is the intersection of events in the algebra of events?
Ans. The intersection of two events A and B in the algebra of events refers to the set of outcomes that are common to both A and B. It is denoted by A ∩ B and can be calculated as P(A ∩ B) = P(A) * P(B|A).
4. How do you find the complement of an event in the algebra of events?
Ans. The complement of an event A in the algebra of events refers to the set of outcomes that are not in A. It is denoted by A' or Ā and can be calculated as P(A') = 1 - P(A).
5. Can the algebra of events be applied to non-mutually exclusive events?
Ans. Yes, the algebra of events can be applied to both mutually exclusive and non-mutually exclusive events. In the case of non-mutually exclusive events, we need to consider the intersection of the events when calculating probabilities.
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