Select True or False from each pull-down menu, depending on whether the correspo
ID: 3275061 • Letter: S
Question
Select True or False from each pull-down menu, depending on whether the corresponding statement is true or false.
? True False 1. 'Random' in statistics is a description of a kind of order that only emerges in the long run.
? True False 2. Including more trials in a simulation always results in a better estimation of the underlying probability.
? True False 3. Probability describes only what happens in the long run.
? True False 4. Since the long-run probabillity of heads resulting from a coin toss is .5, a streak of several tails in a row is more likely to be followed by a head
Explanation / Answer
Solution:-
1) Random' in statistics is a description of a kind of order that only emerges in the long run. True
2) Including more trials in a simulation always results in a better estimation of the underlying probability. False
3) Probability describes only what happens in the long run. True.
4) Since the long-run probabillity of heads resulting from a coin toss is 0.5, a streak of several tails in a row is more likely to be followed by a head. False