Experimental vs Theoretical Probability
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Experimental vs Theoretical Probability — Free MYP4 Mathematics (Extended) Practice Questions

1QuestionApplications in Real-World Risk AssessmentConcept Practice
2 marks~3 minCriterion D
An insurance company estimates that the probability of a house fire in a given region is 5%5\%, based on historical data across thousands of properties. They apply this figure to assess the fire risk for an individual house valued at 200 000200\,000 dollars.

Explain one limitation of using this regional probability to assess the fire risk for a specific house, and identify one individual factor that could cause the actual risk to differ from 5%5\%. [2]
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Solutions

2QuestionApplications in Real-World Risk AssessmentAssessment Practice
4 marks~6 minCriterion D
An insurance company records the following data for two groups of drivers over one year.

Age groupUnder 25 — claims: 120total drivers: 800
Age groupOver 25 — claims: 80total drivers: 1200


The relative risk of making a claim is defined as

Relative Risk=P(claim∣under 25)P(claim∣over 25)\text{Relative Risk} = \frac{P(\text{claim} \mid \text{under 25})}{P(\text{claim} \mid \text{over 25})}
a
Calculate P(claim∣under 25)P(\text{claim} \mid \text{under 25}) and P(claim∣over 25)P(\text{claim} \mid \text{over 25}). [2]
b
Calculate the relative risk of making a claim for drivers under 25 compared to drivers over 25. [1]
c
The insurance company charges drivers under 25 a premium 2.5 times higher than drivers over 25. Justify whether this premium multiplier is supported by the claim data. [1]
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Solutions

3QuestionFairness Bias and RandomnessConcept Practice
4 marks~6 minCriterion A
A quality-control technician suspects a six-sided die used in a board-game factory may be biased. The die is rolled 60 times with the following results:

Outcome123456
Frequency810971313
a
Calculate the relative frequency of rolling a 4. [1]
b
Calculate the absolute difference between the relative frequency of rolling a 4 and its theoretical probability. [2]
c
The factory rejects any die for which the absolute difference between the relative frequency and theoretical probability of any outcome exceeds 0.08 after 60 trials. Advise the technician whether this die should be rejected, justifying your answer with a numerical comparison. [1]
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4QuestionComparing Experimental and Expected ResultsAssessment Practice
2 marks~3 minCriterion C
A quality-control analyst tests a six-sided die by rolling it 12 times, recording: 2, 5, 1, 3, 6, 2, 4, 1, 3, 5, 2, 6.
a
Deduce the experimental frequency for each outcome and the expected frequency for each outcome if the die is fair.

Outcome123456
Experimental frequency__________________
Expected frequency__________________ [1]
b
The analyst concludes the die is fair because no single outcome was recorded more than 3 times. Critique this conclusion using the experimental results. [1]

Solutions

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