Probability and Outrageous Events: David J. Hand on The Law of Truly Large Numbers

🔍 Overview: In this clip, statistician David J. Hand delves into 'The Law of Truly Large Numbers,' which posits that any seemingly outrageous event is likely to occur given enough opportunities. He clarifies the distinction between the traditional Law of Large Numbers and the Law of Truly Large Numbers, shedding light on how scale affects probability and the unexpected occurrences in our universe.

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