Question

Which of the following describes the statement "The more times an event is repeated, the more predictable the outcome becomes" in the field of probability or statistics?

A) Law of Large Numbers
B) Central Limit Theorem
C) Regression Analysis
D) Probability Distribution

Answer 1

The Law of Large Numbers is the principle that describes how more repetitions of an event lead to outcomes that are more predictable and closer to the theoretical probability.

Step-by-step explanation:

The statement 'The more times an event is repeated, the more predictable the outcome becomes' in the field of probability or statistics is best described by A) the Law of Large Numbers.

This principle states that as the number of trials in a probability experiment increases, the difference between the theoretical probability of an event and the relative frequency probability approaches zero, meaning the actual results are getting closer to what theory predicts. In the case of flipping a coin, as the number of flips reaches large numbers, the relative frequency of heads (for example) will get closer and closer to the theoretical probability of 0.5 (50%).