weak law of large numbers

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The sequence {mn} generated by calculating the average of the first n observations of a random variable X with finite variance, i.e. tends to the mean μ = E(X) with probability 1 as n → ∞, i.e. for any ε>0 and any δ>0 there exists an N for which Pr{| mn-μ|>ε} < δ for all n>N.

Subjects: Mathematics.

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