Exercise · ZW-LAW-OF-LARGE-NUMBERS-001 · ★☆☆ Basic
A fair coin is tossed many times. What value does the proportion of heads approach as the number of tosses grows?
Choose one option.
Show answer
- B. \(\tfrac12\)
Exercise · ZW-LAW-OF-LARGE-NUMBERS-001 · ★☆☆ Basic
Choose one option.
The proportion of heads is the average of Bernoulli variables with expectation \(\tfrac12\); by the law of large numbers it tends to that value.
The law of large numbers states that the average \(\bar X_n\) of \(n\) independent observations of a variable \(X\) approaches its expectation \(\mu\) as \(n\) grows.