In Which Case the Law of Large Numbers Cannot Be

question 33

Multiple Choice

In which case the Law of Large Numbers cannot be applied?

• A) When the number of trials is less than 1000.
• B) When the events have the same likelihood of occurrence.
• C) When the likelihood of an event is changing sufficiently from trial to trial.
• D) When the real probability of an event occurring is not known.
• E) When the number of probable events is greater than two.

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Definitions:

Proportion

Represents a part or fraction of a whole, often expressed as a percentage or ratio.

Sample Size

The quantity of observations accumulated in a sample originating from a broader population.

Population Proportion

A measure that represents the fraction of the total population possessing a certain characteristic or attribute.

Maximum Allowable Error

The largest error that is tolerated in the results of a measurement, maintaining the results within an acceptable range.