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The <em>experimental probability</em> is calculated based on the results of the experiment; since the name Ted was chosen 26 times out of 123, the experimental probability is
Typically, the <em>theoretical probability </em>assumes that events are chosen randomly; since the name Ted is one of the 6 in the hat, the theoretical probability is
If we <em>increased</em> the number of names in the hat, we would expect both the experimental and theoretical probability to decrease, since there are now more names to choose from. Similarly, if we <em>decreased</em> the number of names in the hat, the experimental and theoretical probability would increase.
This is an equation involving x alone, so the most you can do is solve it: