6533b832fe1ef96bd129a2cf

RESEARCH PRODUCT

Moments and Laws of Large Numbers

Achim Klenke

subject

Independent and identically distributed random variablesShort CodeVariance (accounting)law.inventionlawLaw of large numbersStatisticsGeiger counterValue (mathematics)Random variablecomputerArithmetic meancomputer.programming_languageMathematics

description

The most important characteristic quantities of random variables are the median, expectation and variance. For large n, the expectation describes the typical approximate value of the arithmetic mean (X 1+…+X n )/n of independent and identically distributed random variables (law of large numbers).

https://doi.org/10.1007/978-3-030-56402-5_5