Question

Theoretical probability is based on the assumption that all outcomes in the sample space occur randomly. TRUE or FALSE?

Answer 1

Empirical Probability of an event is an "estimate" that the event will happen based on how often the event occurs after collecting data or running an experiment (in a large number of trials). It is based specifically on direct observations or experiences.

Theoretical Probability of an event is the number of ways that the event can occur, divided by the total number of outcomes. It is finding the probability of events that come from a sample space of known equally likely outcomes.

Answer 2

Thank you!

Answer 3

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