The statistical fact that it becomes harder and harder to maintain a given level of percentage growth (in revenues for example) as time goes on because that fixed percentage represents a larger absolute amount each period.
Related information about law of large numbers:
- Law of large numbers - Wikipedia, the free encyclopedia
In probability theory, the law of large numbers (LLN) is a theorem that describes the result of performing the same experiment a large number of times. According ...
- Law Of Large Numbers Definition | Investopedia
In statistical terms, a rule that assumes that as the number of samples increases, the average of these samples is likely to reach the mean of the whole ...
- Law of Large Numbers -- from Wolfram MathWorld
A "law of large numbers" is one of several theorems expressing the idea that as the number of trials of a random process increases, the percentage difference ...
- Law of Large Numbers | Statistics | Khan Academy
Introduction to the law of large numbers. ... Let's learn a little bit about the law of large numbers; which is on many levels, one of the most intuitive laws ...
- Chapter 8: Law of Large Numbers
To discuss the Law of Large Numbers, we first need an important inequality .... “ Weak Law of Large Numbers” to distinguish it from the “Strong Law of Large ...
- Law of Large Numbers - YouTube
Mar 5, 2009 ... Learn more: http://www.khanacademy.org/video?v=VpuN8vCQ--M Introduction to the law of large numbers.
- The law of large numbers or the flaw of averages
Sep 21, 2010 ... The theory of probability becomes of enhanced value to gamblers when it is used with the law of large numbers. The law of large numbers ...
- law of large numbers - The Free Dictionary
The rule or theorem that the average of a large number of independent measurements of a random quantity tends toward the theoretical average of that quantity.