# Question

Explain the Law of Large Numbers. How does this law apply to gambling casinos?

## Answer to relevant Questions

Describe what an unusual event is. Should the same cutoff always be used to identify unusual events? Why or why not? A probability experiment is conducted in which the sample space of the experiment is S = {1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12}. Let event E = {2, 3, 4, 5, 6, 7}, event F = {5, 6, 7, 8, 9}, event G = {9, 10, 11, 12}, and ...If P(F) = 0.30, P(E or F) = 0.65, and P(E and F) = 0.15, ﬁnd P(E). A standard deck of cards contains 52 cards, as shown in Figure. One card is randomly selected from the deck. (a) Compute the probability of randomly selecting a two or three from a deck of cards. (b) Compute the probability ...The data in the following table show the results of a national study of 137,243 U.S. men that investigated the association between cigar smoking and death from cancer. (a) If an individual is randomly selected from this ...Post your question

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