Quant Interview Prep8 sections · 255 units
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Basic Probability Rules

Foundations you must know cold

Start with the fundamentals. P(AB)=P(A)+P(B)P(AB)P(A \cup B) = P(A) + P(B) - P(A \cap B) for the union of events. P(AB)=P(A)P(B)P(A \cap B) = P(A) \cdot P(B) only if events are independent.

The complement rule: P(Ac)=1P(A)P(A^c) = 1 - P(A). If you hesitate on these, you'll waste precious time in interviews. Practice until they're automatic.