A spinner has 5 equal sections labeled 1 through 5. After 50 spins, the number '3' landed 12 times. Which statement correctly compares the experimental and theoretical probabilities of landing on '3'?

The experimental probability was greater than the theoretical probability.

The experimental probability was less than the theoretical probability.

The experimental and theoretical probabilities were equal.

The theoretical probability is $\frac{12}{50}$.

Investigation 7: Probability Simulation Practice — Grade 8 math