What best explains the law of large numbers? • a. As the sample size (observations) increases, the pˆ (proportion of realized heads) will converge to p (probability of getting a head) • b. As the population size (observations) increases, the pˆ (proportion of realized heads) will converge to p (probability of getting a head) • c. As the sample size (observations) increases, the pˆ (proportion of realized heads) will not converge to p (probability of getting a head) • d. both a and b

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