Law of large numbers or law of averages Law of large numbers or law of averages is a mathematical law stating that if a large number of similar objects or persons are exposed to the same risk, a predictable number of losses will occur during a given period of time.
Law of large numbers Law of large numbers is the concept that seemingly random events will follow predictable patterns if enough events are observed.
Personal Identification Numbers (PINs) Personal Identification Numbers (PINs) refers to alphanumerical combinations that are used to restrict access to authorized users.
Definition
[ n.]