Theoretical probability is the answer that is supposed to come out. experimental probabilities, are the probabilities that you obtained after an experiment. this is an important topic that is on the syllabus, it is an essential skill that was learned since early childhood. and you would use it until probably the day you die. you may not even notice but the word PROBABILITY, or words that are similar like probable, or probably you use them in your everyday daily life.
You use probabilities for everything, you may not even notice but you do. for example you normally use theoretical probabilities that include the exact probability. it is all about the chances you have of winning or loosing. the world is full of probabilities, in schools, the supermarket. mostly businesses that always before opening or even being created look at the probabilities of their company being successful or failing. there would always exists risks but you have to make sure that the probabilities of doing well are higher than the ones of failing. everything in life have risks and sometimes the risks are too high. when i say risks i am referring to the probabilities of not doing well.
The theoretical probabilities are just an matter of chances. and sometimes in the experimental probabilities the outcome is completely different than what you expected to be. but that is how real life works. you may have the standards but in the practice the outcomes or results would always have a small margin of mistake or difference. that is why this is called probabilities anything can happen but the chances of it occurring maybe greater or smaller.

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