Multiplication Property of Probability: If events
E and F are independent events, then we
can find the probability of an intersection by
P(E and F) = P(E) times P(F)
Addition Property of Probability: For any events
E and F, the probability of their union
can be found by
P(E
or F) = P(E) + P(F) -
P(E and F)
Drawing with replacement means choosing the first
item, noting the result, and then replacing the item back
into the sample space before selecting the second item.
Drawing without replacement means selecting the
first item, noting the result, than then selecting a second
item without replacing the first item.