Empirical probability is the probability of an event based on actual data or observations. It is calculated by taking the number of favorable outcomes and dividing it by the total number of outcomes.
The formula for empirical probability is:
Empirical Probability = Number of Favorable Outcomes / Total Number of Outcomes
Suppose you roll a fair six-sided die and want to find the empirical probability of rolling a 3. You roll the die 50 times and get 10 3s. The empirical probability of rolling a 3 is:
Empirical Probability of rolling a 3 = 10 / 50 = 0.20
Empirical probability is based on actual data and can vary depending on the sample size and the specific outcomes observed.
Empirical probability is often used in fields such as statistics, economics, and sports to make predictions based on observed data.
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