According to the law of large numbers, as more observations are added to the sample, the difference betweenthe sample mean and the population mean
A) Tends to become smaller
B) Tends to become larger
C) Remains about the same
D) Is inversely affected by the data added

Question

Quizplus · Accepted Answer

The law of large numbers states that as the size of the sample increases, the sample mean will get closer to the population mean, hence the difference between them tends to become smaller.

According to the Law of Large Numbers, as More Observations