need help writing paper on Law of Large Numbers, etc.

rachy7

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Jul 3, 2007
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5
Can someone help me with this? I have all of the rest of the assignment done but this question.

1. Using a coin toss and fictitious data, explain how the following scenario is possible: As the number of trials increases, the differences between the number of actual and expected successes tends to grow, but the difference between the percentage of actual and expected successes tends to decrease.
 
Notice this part:
1. Using a coin toss and fictitious data,
Go for it. Create some data and let's hear what you think.
 
Also think about this:

Wheneever a percentage is created - we are required to divide by some number (sometimes called basis value).

What is/are the basis value/s in these case?

Are you supposed to divide by the same number?
 
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