Definition of Law of Large Numbers

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Law of Large Numbers



Law of Large Numbers

The term 'Law of Large Numbers' as it applies to the area of basic math can be defined as 'the larger the sample the closer the experimental probability will approximate the theoretical probability'.

Previous 5 Terms:
Lava lake
Lava tube
lavic
law
Law of cosines
Next 5 Terms:
Law of sines
LAWEB
Lawson Criterion
Layer Composite Reflectivity Average
Layer Composite Reflectivity Maximum




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.