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Question
how do overlapping and non - overlapping events impact the calculation of probabilities?
For non - overlapping (mutually exclusive) events \(A\) and \(B\), the probability of \(A\) or \(B\) occurring is \(P(A\cup B)=P(A)+P(B)\) since there is no double - counting. For overlapping events \(A\) and \(B\), the probability of \(A\) or \(B\) occurring is \(P(A\cup B)=P(A)+P(B)-P(A\cap B)\) to account for the overlap \(P(A\cap B)\) (the probability that both \(A\) and \(B\) occur simultaneously) which would otherwise be counted twice when simply adding \(P(A)\) and \(P(B)\).
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Non - overlapping events use \(P(A\cup B)=P(A)+P(B)\) and overlapping events use \(P(A\cup B)=P(A)+P(B)-P(A\cap B)\) for probability calculation.