what is meant by empirical probability and what is its usage in day to day life
Asked by ramya1994 | 17th Jan, 2011, 09:55: AM
Empirical probability is also known as experimental probability in this instead of all probable outcomes we consider the outcomes of the experiment performed. For example to find the probability of a head when a coin is tossed 50 times we look at the outcomes actually obatained when a coin is tossed 50 times rather then the classical approach of simly saying 1/2 is the probabilty of getting head.
Its used in statistical analysis.
Answered by | 24th Jan, 2011, 12:07: PM
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