The Law of Large Numbers states

Answers

The Law of Large Numbers is a statistical concept which states that, as a sample size increases, the average of the results obtained from the sample will converge towards the expected value of the population. In other words, the larger the sample, the more accurate and reliable the results will be. This is because with a larger sample size, fluctuations in the results and biases due to outliers are increasingly unlikely to significantly impact the final result.

Answered by Paul

We have mentors from

Contact support