It's difficult to think of a real event to which an exact probability can be assigned. We say that flipping a coin yields 'heads' with probability 1/2 but we do not know that definitely. The only way of assigning a probability in the sense of numbers of heads versus total numbers of flips is by experiment. (Be aware though that there are other interpretations of the word probability.) If I were to flip a coin 500 times and obtained 249 heads then the experimental probability of obtaining a head would be 249/500 or 0.498.
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Because it is the process of deriving probability through repeated experiments.
It is called 'Experimental Probability'.
It is called empirical or experimental probability.
Experimental or empirical probability.
experimental probability