Chapter 4 discusses basic probability concepts including the addition and multiplication rules, conditional probabilities, and methods for calculating probabilities such as classical, empirical, and subjective methods. It explains the importance of sample space, events, and the law of large numbers, providing examples such as the probability of selecting certain colored M&Ms and the use of simulations. Chapter 5 elaborates on the addition and multiplication rules, complements, and independent events through various examples, illustrating how to calculate necessary probabilities within different contexts.