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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.

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