Which of the Following Statements Is True

question 17

Multiple Choice

Which of the following statements is true?

• A)The law of large numbers is another name for the gambler's fallacy.
• B)In the long run the law of large numbers is another name for the gambler's fallacy.
• C)The law of large numbers is the best way of avoiding standard errors.
• D)The gambler's fallacy is an informal name for standard error.
• E)None of the above.

---

Definitions:

International Association

An organization that operates globally, bringing together members from different countries around a common purpose or interest.

Nuclear Holocaust

A theoretical scenario involving widespread destruction and radioactive fallout resulting from nuclear explosions.

No Survivors

A situation where none of the individuals involved in a perilous or disastrous event manage to stay alive.

Cross-Culturally

Involving, relating to, or comparing different cultures or cultural elements.