Stuff To Blow Your Mind cover image

From the Vault: Regression to the Mean

Stuff To Blow Your Mind

00:00

Regression to the Mean and the Law of Large Numbers

The law of large numbers states that as a sample size becomes larger, the sample mean gets closer to the expected value. This also applies to say even odds on the rolling of a D6, of a six sided die. But if you only flip the coin 10 times, you might not see this breakdown. So these are not exactly the same thing regression to the mean and the law of big numbers but closely related.

Play episode from 27:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app