Choose the correct definition of the Law of Large Numbers. The Law of Large Numbers states that Group of answer choices the sampling distribution of the sample mean will be approximately normally distributed as long as the sample size is sufficiently large. as an experiment is repeated, the relative frequency of an event tends toward the real probability. the probability of obtaining a favorable outcome increases as the number of trials increases. the probability that an event will occur is derived from one's increasing knowledge of relevant circumstances. if the probability of a specific observed event is very small, it is unlikely that the assumption about the probability is correct.
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
Choose the correct definition of the Law of Large Numbers.
The Law of Large Numbers states that
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