- Calculate the probability of an event in a chance experiment.
- Recognize the differences between theoretical and empirical probability.
Law of Large Numbers
Let’s do an experiment for the duck pond game using the random number generator.
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What we are seeing here is referred to as the Law of Large Numbers.
law of large numbers
The Law of Large Numbers says that as we increase the number of times we repeat a chance experiment, the closer we can expect the empirical probability calculated from our chance experiment to be to the true probability.