3.1 Terminology A and B are events P(S)=1 where S is the sample space 0≤P(A)≤1P(A|B)=P(A∩B)P(B) 3.2 Independent and Mutually Exclusive Events \(\text {If } A \te...3.1 Terminology A and B are events P(S)=1 where S is the sample space 0≤P(A)≤1P(A|B)=P(A∩B)P(B) 3.2 Independent and Mutually Exclusive Events If A and B are independent, P(A∩B)=P(A)P(B),P(A|B)=P(A) and P(B|A)=P(B)If A and B are mutually exclusive, P(A∪B)=P(A)+P(B) and P(A∩B)=0 3.3 Two Basic Rules of Probability The multiplication rule: \(P(A \cap B) …