The Best Way to Get Accurate Results from a Probability

Question

The best way to get accurate results from a probability exercise is to
A)choose an example with incomplete dominance.
B)know the answer in advance.
C)choose an example that will come out 50-50.
D)make a large number of observations.

Accepted Answer

Making a large number of observations will increase the accuracy of the results as it reduces the impact of random fluctuations and gives a better estimate of the true probability.