The Law of Large Numbers (LLN) is really interesting, and you can see it happening all around you! Let’s look at some examples:
Flipping a Coin: When you flip a coin a few times, you might get lots of heads or lots of tails. But if you flip it 1,000 times, you’ll see that it gets pretty close to 50% heads and 50% tails.
Rolling a Die: If you roll a six-sided die 10 times, you might not get each number the same amount. But if you roll it 1,000 times, you can expect each number to show up about 167 times.
Playing Games: In games of chance, like gambling, the more you play, the more the average results match the real chances of winning.
So, the more times you try something, the closer you get to the average outcome!
The Law of Large Numbers (LLN) is really interesting, and you can see it happening all around you! Let’s look at some examples:
Flipping a Coin: When you flip a coin a few times, you might get lots of heads or lots of tails. But if you flip it 1,000 times, you’ll see that it gets pretty close to 50% heads and 50% tails.
Rolling a Die: If you roll a six-sided die 10 times, you might not get each number the same amount. But if you roll it 1,000 times, you can expect each number to show up about 167 times.
Playing Games: In games of chance, like gambling, the more you play, the more the average results match the real chances of winning.
So, the more times you try something, the closer you get to the average outcome!