Stochastic Processes
The inclusion-exclusion principle is a fundamental counting technique used to calculate the size of the union of multiple sets by considering the sizes of the individual sets and their intersections. This principle helps avoid double counting by adding the sizes of the individual sets and then subtracting the sizes of their pairwise intersections, followed by adding back higher-order intersections as necessary. It is crucial for understanding probabilities in complex situations involving overlapping events.
congrats on reading the definition of Inclusion-Exclusion Principle. now let's actually learn it.