SOLUTION: Please help Apply the Law of Large Numbers 1. Using a coin toss and fictitious data, explain how the following scenario is possible: As the number of trials increases, the

Question 114284: Please help
Apply the Law of Large Numbers
1. Using a coin toss and fictitious data, explain how the following scenario is possible: As the number of trials increases, the differences between the number of actual and expected successes tends to grow, but the difference between the percentage of actual and expected successes tends to decrease.
2. Explain your answer to the following question: Is it true that if I flip a coin 1,000 times I will get heads 500 times?
3. Explain your answer to the following question: Is it true that if I get tails 3 times in a row that my chances of getting heads on my next toss is greater than 50%?
Answer by heidi(17) (Show Source): You can put this solution on YOUR website!

2. If you flip a coin 1000 times you can not be positively sure you will get 500 heads .

RELATED QUESTIONS
This is one question amounst a few more that I have to answer within a essay regarding... (answered by MathLover1)

The probability that an unbalanced coin lands on head is 1/ 5 . If this coin is tossed... (answered by greenestamps)

Consider the experiment of flipping a coin twice. conduct the experiment 1000 times and... (answered by robertb)

Need help with p value, please explain how to, thank you! Recall that Benford's Law... (answered by Boreal)

Someone please help me with this word problem Determine if the following application... (answered by Big Poop)

the theoretical proportion of heads should be 50% in flips of a coin. The law of large... (answered by scott8148)

. In a biased coin, the probability of tossing heads is 1/100 more likely than the... (answered by fractalier)