🔬 1.4 – Theory vs Reality
Why do casino games always favor the house? Let's explore the difference between:
Expected
🧠 Theoretical Probability
What should happen based on perfect conditions
Observed
🔍 Experimental Probability
What actually happens in real trials
| Aspect | Theoretical | Experimental |
|---|---|---|
| Calculation | Logic/Math | Actual Trials |
| Accuracy | Perfect | Varies |
| Example | Coin should land heads 50% | In 100 flips, got 47 heads |