Empirical probabilities is the name given to the probabilities that are based on short-run relative frequency.
Long-run relative frequency probabilities are called theoretical probabilities, whereas short-run relative frequency probabilities are called empirical or experimental probabilities.
Experimental probability: A probability that is based on past evidence is referred to as empirical probability, often referred to as experimental probability. In other words, based on past events, empirical probability depicts the possibility of an occurrence recurring.
Theoretical probability: Probability that is established using logic is known as theoretical probability.
Thus, Empirical probabilities is the name given to the probabilities that are based on short-run relative frequency.
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