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the bigger the interest group the bigger the free-rider problem

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Q: What is Olson's law of large groups mean?
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The law of large numbers?

The law of large numbers states that as the number of observations in a sample increases, the sample mean will tend to approach the population mean. In other words, the larger the sample size, the more accurate the estimate of the population parameter. This law forms the basis for statistical inference and hypothesis testing.


What two major groups the law falls into?

CIVIL Law and CRIMINAL Law.


What does extralegal mean?

Extralegal means "outside of law" and refers to an activity that occurs which is unregulated by law, or may be contrary to law (illegal, unlawful). It may also be applied to informal adjudications such as those by groups or associations.


What is Olson's law of large groups?

Advanced by Mancur Olson, a principle stating that "the larger the group, the further it will fall short of providing an optimal amount of collective good."


Why does the standard error become smaller simply by increasing the sample size?

Because of the Law of Large Numbers. According to that law, the observations tends towards the mean. This increases the concentration of observations nears the mean thereby reducing the variance or standard error.


What does it mean when you look at your watch randomly and the hour and minutes are the same 10.10 12.12 09.09?

It provides support for the law of large numbers! It doesn't however mean anything exoterical.


What is the le chapelier law mean?

The "Le Chapelier Law" refers to a law passed during the French Revolution in 1791, which banned workers' associations and strikes. It was intended to dismantle guilds and promote free trade and competition. The law sought to prevent the formation of groups that could challenge the authority of the state.


How many groups did newlands periodic table have?

Newland arranged all the then known elements into seven groups in his 'law of octaves'


What law protects freedoms of individuals and groups?

right against exploitation


What are interest groups responsible to?

The same as everyone else. Mainly the law.


Who is against the new immigration law in Arizona?

Civil rights groups, International Humans Rights Groups, Religious groups, the United Nations, the Chamber of Commerce, the Mexican Mafia and Farm Labor groups.


Does not always mean fairness in the law?

Does not always mean fairness in the law