Events, Union, and Intersection of Events

Introduction to Chance & Decisions; Probability Fundamentals: Experiment, Outcome, Sample Space; Defining Events: Subsets of the Sample Space; Types of Events: Simple vs. Compound; Set Notation Basics for Probability; Visualizing Events with Venn Diagrams; Understanding the Union of Events (A U B); Example: Union of Events; Understanding the Intersection of Events (A ∩ B); Example: Intersection of Events; The Probability of Union Formula; Calculating the Probability of Intersection; Mutually Exclusive Events; Applying Probability Concepts; Real-World Relevance of Probability

Gerardo Balbuena