Long-Run vs. Short-Run Behavior

Did you notice in the last lesson video that our experimental probability did not match what we expected to happen (the theoretical probability)? 

We shouldn't be surprised by that. In the short-run (16 trials) the results can be very sporadic. However, in the long-run, we would see that the experimental probability would get closer and closer to equaling the theoretical probability. Check out the next video to see what I mean.