(2 Points) Choose the one alternative that best completes the statement or answe
ID: 3336934 • Letter: #
Question
(2 Points) Choose the one alternative that best completes the statement or answers the question. Answer the question about the Law of Large Numbers. A fair coin is tossed 1000 times. What can you say about getting the outcome of exactly 500 tails? 7. a. Since the probability of a tail is 0.5 for each toss, you should expect exactly 500 tails in 1000 tosses. b. You should not expect exactly 500 tails in 1000 tosses, but the proportion of tails should approach 0.5 as the number of tosses increases. You should expect between 400 and 600 tails in 1000 tosses. Getting 500 tails is no more likely than getting any other number of tails in 1000 c. d. tosses.Explanation / Answer
Exactly 500 tails are not possible but we can expect the proportion of tails approaching to 0.5 as number of tosses increases.
Hence,
Option B is correct.
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