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Law of Large Numbers
(redirected from The law of large numbers)

   Also found in: Dictionary/thesaurus, Medical, Encyclopedia, Wikipedia 0.01 sec.
Law of large numbers
The mean of a random sample approaches the mean (expected value) of the population as sample size increases.

Law of Large Numbers
A mathematical theory that states that the statistical likelihood of a sample having a certain value approaches the statistical likelihood of the whole universe of samples as the sample becomes larger. For example, this is the reason political polls tend to be more accurate the larger they are. This is also called Bernoulli's Law.


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It means that if we intend to apply the Law of Large Numbers to the lottery, we will have to have many more drawings; a lot more
It has been a little over a year since Nightingale-Conant published my audio seminar THE LAW OF LARGE NUMBERS HOW TO MAKE SUCCESS INEVITABLE.
Due to the law of large numbers, traditional IT product models are becoming victims of their own success, while the relative smallness of new approaches facilitates growth much more easily," said Pring.
 
 
 
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