Empirical Probability


Definition of "Empirical probability"

Danielle Eliot real estate agent
Danielle Eliot, Real Estate Agent Better Homes & Gardens Metro Brokers

Mathematical relationship resulting from experimentation. For example, the probability distribution for the possible number of heads from four tosses of a fair coin having both a head and a tail can be calculated from experimentation and observation by allowing for the accumulation of empirical data.

 

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