The addition theorem of probability states that the probability of the union of two events \( A \) and \( B \) is given by:
\[
P(A \cup B) = P(A) + P(B) - P(A \cap B).
\]
This formula accounts for the fact that the overlap (intersection) of \( A \) and \( B \) is counted twice when we simply add \( P(A) \) and \( P(B) \), so we subtract \( P(A \cap B) \) to correct for that.