Design and interpret a probability simulation
A target experiment selects one item from a finite population. The category counts are low: 4, middle: 2, high: 1, peak: 1, with total 8
The selected item is returned before the next trial. Let \(E\) be the event that the outcome is high or peak
The target probability is \(\Pr(E)\) = \(\frac{1}{4}\)
The simulation used the following procedure
Use a container holding 32 equally likely numbered tokens
Map outcomes 1 to 16 to low, outcomes 17 to 24 to middle, outcomes 25 to 28 to high and outcomes 29 to 32 to peak
Reset the device before the next trial
Treat one complete selection as one trial
Run 1 recorded low: 9, middle: 2, high: 3, peak: 2, giving 16 trials in total