Questions: Weak Law of Large Numbers

5 questions to test your understanding

Score: 0 / 5
Question 1 Multiple Choice

After 1000 fair coin flips, the sample proportion of heads is 0.52. A student claims the WLLN guarantees it will eventually equal exactly 0.5. What does the WLLN actually guarantee?

AThat the sample proportion must equal 0.5 exactly once n is large enough
BThat for any fixed ε > 0, the probability that the sample proportion differs from 0.5 by more than ε approaches 0 as n → ∞ — but individual sequences need not converge
CThat the sample proportion will converge to 0.5 at every possible infinite sequence of coin flips
DThat the sample proportion will decrease monotonically toward 0.5 after 1000 flips
Question 2 Multiple Choice

The standard proof of the WLLN under finite variance σ² applies Chebyshev's inequality to Sₙ/n and obtains P(|Sₙ/n − μ| > ε) ≤ σ²/(nε²). What property of the random variables is essential for computing Var(Sₙ/n) = σ²/n?

AThat the variables have finite mean μ, which allows the expectation to be computed
BThat the variables are identically distributed, so each has the same variance σ²
CThat the variables are independent, which makes their variances additive: Var(Sₙ) = nσ²
DThat the variables take values in a bounded interval, ensuring Chebyshev applies
Question 3 True / False

The Weak Law of Large Numbers implies that individual sample paths of Sₙ/n is expected to converge to μ at nearly every outcome ω in the sample space.

TTrue
FFalse
Question 4 True / False

The proof of the WLLN relies on the fact that for i.i.d. random variables with finite variance, the variance of the sample mean Sₙ/n tends to zero as n → ∞.

TTrue
FFalse
Question 5 Short Answer

Explain the difference between convergence in probability and almost sure convergence in the context of sample means. Why can the WLLN hold even while some individual sample paths continue to fluctuate away from μ?

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