Probability based upon knowledge of the situation is known as probability.
A
Experimental
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B
Theoretical
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C
Unpredictable
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Solution
The correct option is B Theoretical Probability based upon knowledge of the situation is known as Theoretical Probability.
For example, if a coin is tossed 20 times, it is recorded that heads occurred 12 times and tails occurred 8 times.
In this case, the experimental probability of a head or a tail showing up would be:
P(Heads) =1220=35
P(Tails) =820=25
whereas, the theoretical probability of a head or a tail showing up would be: