Probability Formula:
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The joint probability of three independent events A, B, and C is the probability that all three events occur simultaneously. For independent events, this is simply the product of their individual probabilities.
The calculator uses the probability multiplication rule:
Where:
Explanation: This formula only applies when all three events are independent (the occurrence of one doesn't affect the others).
Details: Calculating joint probabilities is fundamental in probability theory, statistics, risk assessment, and decision making. It helps determine the likelihood of multiple conditions being true simultaneously.
Tips: Enter probabilities for each event (must be between 0 and 1). The calculator will compute their joint probability. All values must be valid probabilities.
Q1: What if my events are not independent?
A: For dependent events, you would need to use conditional probabilities: P(A and B and C) = P(A) × P(B|A) × P(C|A and B).
Q2: What does a joint probability of 0.5 mean?
A: It means there's a 50% chance that all three events will occur together.
Q3: Can I use percentages instead of decimals?
A: You can, but you'd need to convert them to decimals first (e.g., 25% = 0.25).
Q4: What's the difference between joint and conditional probability?
A: Joint probability is the chance of multiple events happening together, while conditional probability is the chance of one event given that another has occurred.
Q5: Why does multiplying probabilities give a smaller number?
A: Because you're calculating the chance of multiple events all happening, which is always less likely than any single event occurring alone.