If an experiment with a random outcome is repeated a large number of times, the empirical probability of an event is likely to
be close to the true probability. this mathematical theorem is called what? choose the correct answer below. the random number table the law of binomial probability the law of simulation the law of large numbers
Answer: The correct answer is the Law of Large Numbers
Imagine flipping a coin. There is a 50% likelihood that you would get tails. However, it doesn't happen all the time. If you flipped it just a few times, you could get all tails and have 100% tails.
However, if you did the experiment a lot of times (a large number), you almost certainly wouldn't get all tails. You would get close to 50%. That is the main point of the law.
The more trials you do, the more likely you will get close to the theoretical value.