Meaning LAW OF LARGE NUMBERS: The mean of a random sample approaches the mean (expected value) of the population as sample size increases
More terms such as Law of large numbers in Dictionary L.
- Definition Liquidity Preference Hypothesis:
- Examples The argument that greater liquidity is valuable, all else equal. Also, the theory that the forward rate exceeds expected future interest rates law of large numbers definition.
- Definition Load Fund:
- Examples sells shares with a sales charge-typically 4% to 8% of the net amount indicated. Some no-load funds also levy distribution fees permitted by Article 12b-1 of the Investment Company Act; these are law of large numbers explain.
- Definition Liability Insurance:
- Examples Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage law of large numbers what is.
- Definition Long-Term Debt Ratio:
- Examples The ratio of long-term debt to total capitalization law of large numbers meaning.
- Definition Linear Regression:
- Examples A statistical technique for fitting a straight line to a set of data points law of large numbers abbreviation.
