Is an event that has a fixed probability that doesnât change due to circumstance. Situations in which the occurrence or non-occurrence of one event has NO INFLUENCE on the next event that occurs.
Definition
and are Independent events if and only if
Rules
Product Rule
For Compound Events, the product rule is:
Union
P(A or B) = P(A) + P(B) - P(A and B)
Alternate to: Dependent Events