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unit 7 Experimental Probability-notes.pdf

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Theoretical probability of an event is the ratio of<br />

the number of favourable outcomes in an event to<br />

the total number of possible outcomes, when all<br />

possible outcomes are equally likely.<br />

It can only be used to predict what will happen<br />

in the long run, when events are equally likely to<br />

occur.<br />

2

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