explain the theoretical probability in a better way
A probability calculated by examining outcomes, rather than by experimenting is a theoretical probability. It is the probability when all the outcomes are equally likely.
We can find the theoretical probability of an event using the following ratio:
For example, If we toss a fair coin, the probability that a tail will show up is
As there are only 2 possible outcomes : A Head or a tail.
So, the possibility of tossing a tail are 1 out of 2.
So, P (tail)