Law of Large Numbers

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Questions

• What is the "law of large numbers" in insurance theory?
• What is the law of large numbers?
• Is the law of large numbers a phenomenon? If something is random, then how can we define an average outcome?
• What is the law of large numbers in economics?
• Could it be true that in order for you to find the counter part or your other half, you need to date more people?
• What is the essence of the law of large numbers?