Differentiate between empirical or theoretical probability

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Question: Empirical vs. Theoretical A magician claims that he has a fair coin-"fair" because both sides, heads and tails, are equally likely to land face up when the coin is flipped. He tells you that if you flip the coin three times, the probability of getting three tails is 1>8. Is this an empirical probability or a theoretical probability? Explain.

Reference no: EM131788537

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