The law of large numbers stipulates that
A)the greater the number of events that occur for a particular situation, the closer to the theoretical probability the results will be.
B)the fewer the number of events that occur for a particular situation, the closer to the theoretical probability the results will be.
C)the greater the number of events that occur for a particular situation, the farther away from the theoretical probability the results will be.
D)the fewer the number of events that occur for a particular situation, the farther away from the theoretical probability the results will be.

Question

Quizplus · Accepted Answer

The law of large numbers states that as the number of events increases, the actual probability of the events will approach the theoretical probability. This means that the more times an experiment is performed, the closer the observed results will be to the expected results.

The Law of Large Numbers Stipulates That