law of large numbers

Show Summary Details

Quick Reference

(in statistics)

The generic name given to a group of theorems relating to the behaviour of for large n, where {Xi} are independent random variables, usually identically distributed. For example, says that for a sequence of independent, identically distributed random variables, the sequence of sample means of the first n random variables will converge to the population mean μ with probability 1.

Subjects: Mathematics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.