Examples:
โข Single Event: Rolling a 6 on a fair die (P = 1/6 โ 0.1667)
โข P(A and B): Flipping heads twice in a row (0.5 * 0.5 = 0.25)
โข P(A or B): Drawing a heart or a diamond from a deck (13/52 +
13/52 =
0.5)
โข Binomial: Probability of exactly 3 heads in 5 coin flips โ 0.3125