Meet the concept↗
A model provides a theoretical probability, which is the expected likelihood of an outcome based on the underlying rules. An experiment provides an observed proportion, which is calculated from the actual outcomes recorded.
Conditions: The context is a short run of experiments.; Comparing theoretical probability from a model with observed proportion from data.
0:28 – 1:38Watch this moment ↗
A model provides a theoretical probability, which is the expected likelihood of an outcome based on the underlying rules. An experiment provides an observed proportion, which is calculated from the actual outcomes recorded.
Conditions: The context is a short run of experiments.; Comparing theoretical probability from a model with observed proportion from data.
0:28 – 1:38Watch this moment ↗