Weak Law of Large Numbers Calculator (Bernoullis theorem)
Khinchins Law | Week Law Of Big Numbers Calculator
This online Weak Law of Large Numbers calculator is also known as Bernoullis theorem calculator.
Week Law Of Big Numbers Formulas Explanation
μ = Sample mean
n = Number of samples
X-bar = Sample value
As the sample size n grows to infinity, the probability that the sample mean X-bar differs from the population mean mu by some small amount epsilon is equal to 0.
(Khinchin 1929). Stated another way, the probability that the average |(X1+...+Xn)/n-μ|< ε for ε an arbitrary positive quantity approaches 1 as n->∞.
See Also ►
Z Score to Percentile Calculator
Percentile,Ordinal Rank Calculator
P Value from Z score Calculator
Letter Arrangment Probability Calculator
PERT Expected Time Probability Calculator
Mean Median Mode Ranges Calculator
Standard Error (SE) Calculator
More Calculators ►
Coefficient of Variation Calculator
Permutation Combination Calculator
Poisson Distribution Calculator
Cumulative Poisson Distribution Calculator
Binomial Distribution Calculator