Independence

Definition

Independence refers to events or variables that do not influence each other. If two events are independent, knowing one event occurred does not affect our knowledge about whether or not the other event will occur.

Related terms

Conditional Probability: Conditional probability measures how likely an event will occur given that another event has already occurred.

Mutually Exclusive Events: Mutually exclusive events cannot happen at the same time; if one occurs, then others cannot occur simultaneously.

Dependent Events: Dependent events are influenced by each other; knowing one event occurred affects our knowledge about whether or not another event will occur.