Stop Calling It “The Law of Large Numbers”!

A public service announcement

It’s not “The Wheat and Chessboard Problem” either (but I like the imagery!)

Just a quick PSA here…

When you refer to “The Law of Large Numbers”, what you really mean is “The Logistic Principle”:

Depending on the context, you could also insert “Diminishing Returns to Scale” or “Sustainable Growth Rate”.

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