Probabilistic power analysis provides a computationally efficient alternative to traditional power analysis by modeling logic signals as random processes characterized by statistical parameters rather than exact signal values over time. The key parameters used are static probability, which is the probability a signal is at logic 1, and transition density, which is the number of signal transitions per unit time. These parameters can be propagated through a circuit based on Boolean logic to estimate power consumption without simulating every signal transition. While faster, probabilistic analysis loses some accuracy by ignoring signal correlations, glitches, and gate delays.