# Understanding the Law of Large Numbers Video

Instructions:

question 1 of 3

### Which theorem states that the larger the sample size, the closer the sample mean will be to the mean of the population?

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### 2. The law of large numbers shows a relationship between the theoretical probability and the _____.

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This quiz tests your understanding of the Law of Larger Numbers and how it applies to the probability of certain occurrences. Topics you'll need to understand to pass this quiz include an understanding of statistics and probability.

## Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

• What happens when the sample size increases
• Definition of the Law of Larger Numbers
• How the theorem applies to statistical probability
• Examples of how the theorem is applied in modern day settings, like insurance

## Skills Practiced

• Making connections - understand the concept of the Law of Larger Numbers and how it applies to statistical probability
• Distinguishing differences - compare and contrast topics from the lesson, such as the Law of Averages and the Law of Large Numbers
• Knowledge application - use your knowledge to answer questions about the likely probability of an occurrence based on the sample size