• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

The Law of Large Numbers

Joined
2/16/11
Messages
88
Points
28
Isn't the law of large numbers just an alternative explination for the central limit theorem? Two me, both are the same exact phenomena. If so, why break it up into seperate theorems?
Pardon my ignorance in advance.
 
Isn't the law of large numbers just an alternative explination for the central limit theorem? Two me, both are the same exact phenomena. If so, why break it up into seperate theorems?
Pardon my ignorance in advance.

why break it up? because the two are first of all mathematically non-equivalent statements, and second of all are non-trivially different -- well, because they're not equivalent.
 
Back
Top