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There are at least two widely used "law of large numbers" -- mean reversion is more popular outside finance, and firm size vs market size is probably more popul
by rdl 11y ago
There are at least two widely used "law of large numbers" -- mean reversion is more popular outside finance, and firm size vs market size is probably more popular within finance.
- joshdickson 11y agoIt is used in both situations, but it very clearly only means the former and the latter is incorrect. "Begs the question" is almost always used incorrectly; that doesn't mean its definition has changed.