Mathematics, 30.03.2020 21:48 bbrid8590
Explain the Law of Large Numbers. How does this law apply to gambling casinos? Choose the correct answer below. A. As the number of repetitions of a probability experiment increases, the proportion with which a certain outcome is observed gets closer to 0. Casinos use the Law of Large Numbers to determine how many players gamble in certain games. B. As the number of repetitions of a probability experiment increases, the proportion with which a certain outcome is observed gets closer to the probability of the outcome. This applies to casinos because they are able to make a profit in the long run because they have a small statistical advantage in each game. C. As the number of repetitions of a probability experiment increases, the proportion with which a certain outcome is observed gets closer to 1. This applies to casinos because they are able to make a profit in the long run because they have a small statistical advantage in each game. D. As the number of repetitions of a probability experiment increases, the proportion with which a certain outcome is observed gets closer to the probability of the outcome. Casinos use the Law of Large Numbers to determine how many players gamble in certain games.
Answers: 3
Mathematics, 21.06.2019 17:00
Ben is three times as old as samantha, who is two years older than half of michel's age. if michel is 12. how old is ben?
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Mathematics, 21.06.2019 21:30
Hannah paid $3.20 for 16 ounces of potato chips. hank paid $3.23 for 17 ounces of potato chips. who paid less per ounces?
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Mathematics, 21.06.2019 22:30
What is the least common multiple for 6 and 8? what is the least common multiple for 4 and 12 ? what is the least common multiple for 11 and 12? what is the least common multiple for 3 and 6?
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Mathematics, 22.06.2019 01:30
In the picture below, line pq is parallel to line rs, and the lines are cut by a transversal, line tu. the transversal is not perpendicular to the parallel lines. note: figure is not drawn to scale. which of the following are congruent angles?
Answers: 1
Explain the Law of Large Numbers. How does this law apply to gambling casinos? Choose the correct an...
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