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How do you get relative frequency?
The relative frequency of an event, from repeated trials, is the number of times the event occurs as a proportion of the total number of trials - provided that the trials are independent.
A probability is a ratio of a fraction in between?
If the outcomes of the trials are equally likely, then (and only then) is it the number of favourable outcomes and the total number of trials.
What is called probability that is based on repeated trials of an experiment?
The probability that is based on repeated trials of an experiment is called empirical or experimental probability. It is calculated by dividing the number of favorable outcomes by the total number of trials conducted. As more trials are performed, the empirical probability tends to converge to the theoretical probability.
What is the definition of empirical probability?
the ratio of the number favorable outcomes to the total number of trials.
What is the important law of binomial distribution?
1 - 2 answers 2 - probabilty of success remains constant 3 - outcomes of trials are independent 4 - random variable of interest is the number of successes in a fixed number of of trials
