My book writes:
From experience it has been observed that the value of frequency ratio gradually approaches a definite constant number when the no. of trial becomes larger & larger. This phenomenon of stability of frequency ratio when a random experiment is repeated under indentical conditions a large no. of times is called Statistical Regularity.
Now,what is the cause for the so-called stability of the frequency-ratio? What does this want to tell??
Let a coin is tossed $30$ times. Now, $15$ is our estimate for the number of heads. But after performing it many times,hardly one time head appeared for $15$ times. So,after seeing it , one will estimate the probability for heads in the next flip is $0.448$ not $0.5$ . Now,what magic does happen that makes the probability $0.5$ when the experiment is done infinitely? This means, when the number of experiment,here tossing of the coin, done is finite, then the head comes less than half of the number of experiment. But when the number of experiment becomes infinite, then the favoured event exactly comes half of the number of experiment. Why? What is the cause??