Click Clear and then Run 10 trials 10 more times so that there are 100 trials. 1. How many of the outcomes are favorable? 2. What is the probability of landing on a 1 now? \( 1 / 100 \) I for the fraction bar. Please do not reduce on this problem.) 3. Compare the experimental probability with the theoretical probability of \( P(x=1)=\frac{1}{3} \). Do you think an experiment with 100 trials produces a probability is more reliable than an experiment with 10 trials? Yes \( \leftarrow \) (Click to view explanation) Check
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When engaging in probability experiments, it's essential to appreciate how results can fluctuate. Historically, the principle of probability dates back to the 16th century when mathematicians like Gerolamo Cardano began formalizing the study of chance through games of dice, laying the groundwork for modern probability theory. This early work paved the way for understanding not only gambling but also risk analysis in various fields. In the real world, conducting 100 trials gives you a more representative sample compared to just 10 trials. For instance, when rolling a die, the more times you roll, the closer your experimental probability will align with the theoretical probability. Using larger sample sizes reduces the impact of anomalies, making predictions and outcomes more reliable—just like trying out a new recipe more than once ensures that your dish turns out delicious every time!