Probability Notation and Formula Sheet Complement: P(not A) = 1 - P(A) Addition: P(A or B) = P(A) + P(B) - P(A and B) Conditional: P(A given B) = P(A and B) / P(B) Multiplication: P(A and B) = P(A given B)P(B) Independent product: P(A and B) = P(A)P(B) Odds in favor: P(A) / [1 - P(A)] Always define events, denominators, and independence assumptions. Original educational material created for STATLAB Academy. Textbooks may be used only as curriculum references.