3 ms·
The law of large number works well for some things (say, shoe sizes) and fails to work for others (e.g. income distributions, which follow a power-law). So it'
by bobm_kite9 5y ago
The law of large number works well for some things (say, shoe sizes) and fails to work for others (e.g. income distributions, which follow a power-law).
So it's not odd at all that it would fail to adequately account for people. It's just sad we don't have anything better. Can't we find something better?
- ZephyrBlu 5y agoPower laws apply to individual output as well: https://dariusforoux.com/prices-law/ https://dariusforoux.com/prices-law/