Question

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 1

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.