The larger the number of observations, the closer the sample mean will be to the population mean, according to the _________.

  • Central Limit Theorem
  • Law of Large Numbers
  • Probability Rule
  • Sampling Distribution
According to the Law of Large Numbers, the larger the number of observations, the closer the sample mean will be to the population mean. This law is a fundamental principle of probability and statistics that states that as the size of a sample is increased, the estimate of certain parameters obtained from the sample will tend to approach the true value for the population.
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