Key learning points

1. Different sample sizes can impact the experimental probabilities
2. As the sample size increases, the experimental probabilities approach the theoretical probabilities
3. A larger sample size is more likely to show a truer estimation of the underlying probability

Keywords

• Trial - A trial is a single, pre-defined test.

• Experiment - An experiment is a repetition of a trial multiple times in order to observe how often each outcome occurs.

• Probability - The probability that an event will occur is the proportion of times the event is expected to happen in a suitably large experiment.

Common misconception