Math Problem Statement

Which statement(s) is/are true? This is a multiple-answers question. Multiple statements can be true.

The probability of a particular outcome in a randomized experiment can be defined as the proportion of times this outcome occurs in the long run, when this experiment is repeated over and over.

With random phenomena, the proportion of times that something happens is highly random and variable in the short run, but very predictable in the long run.

Even with independent trials, the probability of a particular outcome can fluctuate with every repetition of an experiment.

Solution

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Math Problem Analysis

Mathematical Concepts

Probability Theory
Frequentist Interpretation
Law of Large Numbers

Formulas

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Theorems

Law of Large Numbers

Suitable Grade Level

College Level