ALL meanings of law of large numbers
law of large Num·bers
L l - noun law of large numbers the theorem in probability theory that the number of successes increases as the number of experiments increases and approximates the probability times the number of experiments for a large number of experiments. 1
- noun law of large numbers (statistics) The statistical tendency toward a fixed ratio in the results when an experiment is repeated a large number of times; law of averages. 0
- noun law of large numbers the fundamental statistical result that the average of a sequence of n identically distributed independent random variables tends to their common mean as n tends to infinity, whence the frequency of the occurrence of an event in n independent repetitions of an experiment tends to its probability 0