Sentences with LAW-OF-LARGE-NUMBERS
Check out our example sentences below to help you understand the context.Sentences
1
"The law of large numbers states that as the number of trials or observations increases, the average outcome will converge to the expected value."
2
"According to the law of large numbers, if you toss a fair coin many times, the proportion of heads will approach 50%."
3
"The law of large numbers is a fundamental concept in probability theory."
4
"This investment strategy is based on the law of large numbers, which suggests that over time, more funds should lead to more growth."
5
"The law of large numbers provides a mathematical explanation for why casinos always have an edge in the long run."
6
"The law of large numbers is often used in insurance to predict future claims based on past data."
7
"By applying the law of large numbers, statisticians are able to make accurate predictions about population trends."
8
"The law of large numbers is the reason why weather forecasts become more reliable as more data is collected."
9
"The law of large numbers applies to any random process that can be repeated multiple times."
10
"According to the law of large numbers, if you play a fair game of roulette for a long time, your average losses should match the expected loss."
11
"The law of large numbers is a fundamental principle in statistical inference."
12
"One of the assumptions behind the law of large numbers is that each observation or trial is independent of the others."
13
"The law of large numbers allows researchers to draw conclusions about the general population based on a small sample."
14
"The law of large numbers is closely related to the concept of probability."
15
"The law of large numbers becomes more evident as the number of trials increases."
16
"A casino owner understands the law of large numbers and knows that, in the long run, the house will always win."
17
"In gambling, the law of large numbers suggests that if you play enough, you will eventually lose."
18
"The law of large numbers is used in quality control to ensure consistent product performance."
19
"Researchers often rely on the law of large numbers when conducting surveys to obtain representative results."
20
"The law of large numbers provides a theoretical foundation for inferential statistics."
1
"The law of large numbers states that as the number of trials or observations increases, the average outcome will converge to the expected value."
2
"According to the law of large numbers, if you flip a fair coin enough times, the percentage of heads will approach 50%."
3
"The law of large numbers is a fundamental principle in statistics and probability theory."
4
"In gambling, the law of large numbers suggests that over a long enough period, the casino will always win."
5
"Investors rely on the law of large numbers to make long-term investment decisions."
6
"The insurance industry uses the law of large numbers to predict and calculate risks and premiums."
7
"The law of large numbers is also known as the law of averages."
8
"The law of large numbers applies to any random process with well-defined probabilities."
9
"According to the law of large numbers, a sample size of 30 or more is usually sufficient to obtain reliable results."
10
"The law of large numbers helps to explain why phenomena like regression to the mean occur."
