17. Which of the following expresses the law of large numbers? (a) As the popula

Question

17. Which of the following expresses the law of large numbers? (a) As the population size, N, increases then the sample size, n, tend to increase as well. (b) When the sample size, n, is large, the sampling distribution of f has normal distribution with mean ?,-? and standard deviation ?,-7n (c) As the sample size, n, increases then the point estimates tend to get closer to the parameter. That is, statistical estimates for parameters get better when the sample sizes are large. 18 n Type in the correct letter. Use capital letters. Example: A or B etc. Do not create spaces.

Explanation / Answer

Answer is (C)

As the sample size, n increases then the point estimates tends to get closer to the parameter. That is, statistical estimates for parameters get better when the sample sizes are large.  

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