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Without Many Trials, One Cannot Determine True Probabilities of Events

Question 63

Multiple Choice

Without many trials, one cannot determine true probabilities of events.However, over the long run, and numerous trials, the expected relative-frequency probability of events is very clear and predictable.This is known as the:


A) independence of trials.
B) law of large numbers.
C) long-run probability calculation.
D) objective probability.

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