Which theory in probability was derived by Jacob Bernoulli?
Complex Numbers
Law of Large Numbers
Normal Distribution
Bayes' Theorem
Answer
The Law of Large Numbers, a fundamental theorem in probability theory, asserts that as the number of independent experiments increases, the observed average of the outcomes approaches the expected value. This principle, propounded by Jacob Bernoulli, holds that with a sufficiently large sample size, the deviation between the empirical mean and Theoretical mean diminishes, ensuring reliable predictions based on observed frequencies.
Mastering Math with Jacob Bernoulli: A Quiz on the Swiss Mathematician's Legacy
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