Mutually Exclusive and Independent Events

• Probability theory requires understanding of mutually exclusive and independent events for accurate problem solving.
• Mutually exclusive events can’t occur at the same time; when one happens, the other can’t.
• The probability of mutually exclusive events occurring can be found by adding their individual probabilities.
• Independent events are occurrences that don’t influence each another.
• The probability of independent events occurring together is found by multiplying their respective probabilities.
• It’s crucial to identify whether events are mutually exclusive, independent, or neither in probability problems to apply correct calculations and find the right probabilities.