| Random Process | A situation where all possible outcomes are known, but individual outcomes are unpredictable |
| Outcome | The result of a single trial of a random process |
| Event | A collection of outcomes from a random process |
| Simulation | A way to model random events such that simulated outcomes closely match real-world outcomes |
| Empirical Probability | Probability estimated by performing many trials and calculating relative frequency |
| Law of Large Numbers | As the number of trials increases, simulated probabilities get closer to the true probability |
Without flipping a coin, write down a sequence of 100 "random" coin flips (H or T) that you think could come from a fair coin:
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