Practice Law of Large Numbers (Intuition) in Math
Use these practice problems to test your method after reviewing the concept explanation and worked examples.
Quick Recap
The law of large numbers states that as the number of independent trials increases, the sample mean converges to the true population mean โ randomness averages out over many repetitions.
As the number of trials grows, the sample mean converges to the true expected value โ randomness averages out over many trials, making the average predictable.
Showing a random 20 of 50 problems.
Example 1
easyA fair coin is flipped 10,000 times. The proportion of heads will be close to what value?
Example 2
easyA fair die's average roll over many throws approaches what number?
Example 3
easyDoes the LLN guarantee anything about small samples?
Example 4
easyA die is rolled repeatedly and the running average is tracked. After 5 rolls, the average is 3.8. After 500 rolls, the average is 3.52. What does the LLN predict will happen to the average as rolls โ โ?
Example 5
mediumRolling two dice, the average of the sum over 10,000 rolls approaches what value?
Example 6
challengeA fair coin shows 520 heads in 1000 flips (0.520). To dilute this 0.020 surplus so the running proportion is within 0.005 of 0.50, roughly how many additional fair flips are needed (assume they land near 0.50)?
Example 7
mediumA simulation estimates by random points; with more points the estimate stabilizes near 3.14159. Which law explains this convergence?
Example 8
challengeTo halve the standard error of a sample mean (which scales as ), by what factor must increase?
Example 9
mediumA weather app says '60% chance of rain' on many days. Over a long record, on what fraction of such days should it actually rain if well-calibrated?
Example 10
easyIs the LLN the same as the gambler's fallacy?
Example 11
mediumInsurance: one policyholder's loss is unpredictable, but an insurer with 1,000,000 policies can predict total payouts well. Why?
Example 12
mediumAn insurance company writes identical home policies with expected payout each. By LLN, what total payout does it expect?
Example 13
easyA fair coin is flipped. Show how the proportion of heads approaches 0.5 as increases, using simulation results: : 6 heads; : 53 heads; : 498 heads.
Example 14
mediumA pollster surveys voters in a state of million. Why does this small sample produce a noisy estimate of voter preference?
Example 15
hardA roulette wheel has red, black, green pockets. A player bets on red each spin (pays if red, otherwise). Find expected loss per spin, and the expected total loss over spins.
Example 16
mediumA weather model is 'well-calibrated' if on days it says '70% chance of rain', it rains about of the time long run. Which law underpins this?
Example 17
easyTo estimate a coin's true bias, is it better to flip it 20 times or 5,000 times?
Example 18
easyA coin shows heads in flips, heads in flips, and heads in flips. State each proportion and which is closest to the truth.
Example 19
easyDoes the law of large numbers guarantee that 100 flips give exactly 50 heads?
Example 20
hardStrong vs Weak LLN: state the difference in one sentence each.