Addition Rule For Probabilities

  

The Addition Rule for Probabilities (ARFP is not, we repeat not, the sound a dog makes when vomiting) is the idea that the probability that event A or event B happens is the probability that event A happens plus the probability that event B happens...minus the probability that both events A and B happen.

In math-lish, it's P(A ? B) = P(A) + P(B) ? P(A ? B).

If we've got two random events (like the probability of getting that swipe right from two different potential mates/hook-ups), we can find the probability that one or the other gives us the internet thumbs-up by adding the individual probabilities that each swipes right minus the probability that they, uh...both look at our profile and want to see more.

Find other enlightening terms in Shmoop Finance Genius Bar(f)