• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Law of Large Numbers

One of the most important results in mathematical statistics describing the behavior of observations of a random variable (i.e., observations from surveys based on random samples) is the law of large numbers. The law of large numbers concerns the difference between ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles