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

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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) About Me  (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 .