Essay
Jody flips a coin ten times and observes the outcome of heads three times. Yvonne flips a coin one hundred times and observes the outcome of heads forty-eight times. Jody states that his coin must not be fair because so few heads were observed. Pretend you are Yvonne and explain to Jody why his results do not indicate that he has an unfair coin by explaining to him what the Law of Large Numbers is, and how it justifies the results that were observed in both experiments.
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The LLN states that if an experiment wit...View Answer
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Correct Answer:
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