True or false. The law of large numbers states that in the long run, as the sample size or number of trials decreases, the relative frequency of outcomes gets closer to the theoretical probability of the outcome. false true

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
icon
Related questions
Question
Please answer this question. Show work!!
True or false. The law of large numbers states that in the long run, as the sample size or
number of trials decreases, the relative frequency of outcomes gets closer to the
theoretical probability of the outcome.
false
true
Transcribed Image Text:True or false. The law of large numbers states that in the long run, as the sample size or number of trials decreases, the relative frequency of outcomes gets closer to the theoretical probability of the outcome. false true
Expert Solution
steps

Step by step

Solved in 3 steps with 4 images

Blurred answer