Because it is the process of deriving probability through repeated experiments.
It's the probability that I will take another breath of air, or the probability that tomorrow will come, or the probability that the moon will go through all its phases for the next month.
The probability is 17C4 = 2380
The probability, over presidents of all organisations, through all of time, is 1.
1/30
If I understand the question correctly, the answer is 1/120.
Because it is the process of deriving probability through repeated experiments.
It's the probability that I will take another breath of air, or the probability that tomorrow will come, or the probability that the moon will go through all its phases for the next month.
The probability is 17C4 = 2380
It is 0.35.
The experimental probability is figured out when a person goes through the trouble of actually trying it out. Theoretical probability is when a person comes to a conclusion of what is most likely, based off of the experiment results.
The probability, over presidents of all organisations, through all of time, is 1.
The probability is one in four, or 25%.
Using probability If 400 people walk through the door in a month what is your total expected profit?
The probability is 5/9.
The probability is 3/7.
You improve your model through a better understanding of the underlying processes. Although more trials will improve the accuracy of experimental probability they will make no difference to the theoretical probability.