gregwa

FCM 159 - demotext1.txt

Jul 9th, 2020
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  1. The "Law" of Truly Large Numbers
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  3. This month I've decided to continue our discussion of dealing with data. This time, we will look at the "Law" of Truly Large Numbers.
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  5. Why did I decide to put Law in quotes? Because it's not really a law. There IS a Law of Large numbers that basically states that if you perform the same experiment a large number of times, the average of the results should be close to the expected outcome. The Law of Truly Large Numbers states that "with a large enough sample of data, many odd "coincidences" are likely to happen." (http://skepdic.com/lawofnumbers.html)
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  7. What we wil try to do this month is to experiment to see if we can experience either of these two "laws".
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  9. Let's first take a look at random numbers. Computers CAN NOT, by themselves, generate TRULY random numbers. They can get pretty close, and most of us are fine with close enough.
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  11. But what exactly are random numbers?
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