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Law of large numbers

• The mean of a random sample approaches the mean (expected value) of the population as the sample grows.

 
 Embedded terms in definition
 Expected value
Mean
Random
 
 Related Terms
 Law of one price
To trade numbers

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

History is the version of past events that people have decided to agree upon. - Napoleon Bonaparte (1769-1821)

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