law of large numbers
1
5.9
- noun
- /lɔː ʌv lɑrdʒ ˈnʌmbərz/
- Specialized
:
ley de los grandes números
- This is also what the weak law of large numbers tells us.
It sizes the bets to ensure that the player basically just stays in the game long enough for the law of large numbers to work.
- It sizes the bets to ensure that the player basically just stays in the game long enough for the law of large numbers to work.
- And two, is that just a law of large numbers or is this people seeking out the highest volatility, clearest narrative assets?
- In probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of times.
- The story is that in statistics there are two law, law of large numbers and uniform law of large numbers.
- If you will use this invariance business, you will need just law of large numbers.
Examples
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The best we can do is give a statistical estimate of its half-life and allow the law of large numbers to do its work.
Blog text (2) -
One can also see this from the binomial formula and the law of large numbers, which shows that the bulk of the sum comes from the region.
Blog text (23) -
People who lived in small countries did not understand the law of large numbers.
Fiction book (1993) -
OK, this is a kind of law of large numbers for random events.
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In probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of times.
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It sizes the bets to ensure that the player basically just stays in the game long enough for the law of large numbers to work.
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The first equality of (12) is a consequence of the law of large numbers (for stationary processes).
Academic text (2018) -
So, most of the value of combining the areas comes from the law of large numbers: variance rises roughly half as fast as the mean, so that low output events would be reduced by very, very roughly 50%.
Blog text (6) -
But as Williams points out, we can circumvent this problem by a clever combination of Bernoulli's "law of large numbers" and a second direct inference.
Academic text (2001) -
The law of large numbers explains why a larger sample yields a mean closer to the population average.
Synonyms
1
3.9
The idea that after many tries results tend to match what is expected on average
A theorem that says the average of many independent random results almost certainly equals the true average
The average of many separate random results becomes almost always close to the true average
The average of a large random sample gets close to the true value for the whole group
Surface Forms
Morphology
The phrase transparently composes 'law' (a rule) with 'large numbers', so a learner who knows the words can infer it is a rule concerning large quantities of numbers. However, the precise statistical meaning about sample means converging on the population mean is technical and not fully derivable from the constituents alone, so prior statistical knowledge is needed.
Etymology
Law of large numbers comes from a simple picture: if you flip a coin many times, the results settle near the true average. The words large and numbers mean 'a lot of cases' and the 'law' shows it is a dependable rule, so the phrase explains why averages become 'predictable' as the sample grows.