Kolmogorov's law of large numbers

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instanceOf gptkb:theorem
gptkbp:appliesTo independent random variables
gptkbp:description convergence of sample averages
https://www.w3.org/2000/01/rdf-schema#label Kolmogorov's law of large numbers
gptkbp:is_a mathematical_statistics
gptkbp:is_a_platform_for Bayesian statistics
empirical research
central limit theorem
Monte_Carlo_methods
gptkbp:is_a_subject_of probability theory
statistical mechanics
the study of stochastic processes
statistical theory
theoretical statistics
provides a framework for estimation
demonstrates the power of large samples.
ensures reliability of statistical conclusions
facilitates decision-making under uncertainty
provides insight into sampling distributions
underpins many statistical methods
gptkbp:is_essential_for economics
risk assessment
predictive modeling
hypothesis testing
random processes
social_sciences
large sample theory
law of large numbers applications
understanding variability in data
gptkbp:is_studied_in long-term behavior of averages
gptkbp:is_used_in machine learning
quality control
data science
statistical inference
experimental design
sample size determination
probability measures
gptkbp:legal_principle data analysis
quantitative research
supports empirical validation of theories
gptkbp:previousName gptkb:Andrey_Kolmogorov
gptkbp:publishedBy 1933
gptkbp:related_to asymptotic analysis
Bernoulli trials
convergence in probability
strong law of large numbers
weak law of large numbers
gptkbp:requires finite expected value
gptkbp:state the sample average converges to the expected value
gptkbp:suitableFor financial modeling
health statistics
gambling theory
insurance mathematics
gptkbp:was_a_result_of measure theory
independence of random variables