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The Law School Admission Test (LSAT / ˈ ɛ l s æ t / EL-sat) is a standardized test administered by the Law School Admission Council (LSAC) for prospective law school candidates. It is designed to assess reading comprehension , analytical reasoning , and logical reasoning . [5]
Probability is the branch of mathematics concerning events and numerical descriptions of how likely they are to occur. The probability of an event is a number between 0 and 1; the larger the probability, the more likely an event is to occur. [note 1] [1] [2] A simple example is the tossing of a fair (unbiased) coin.
Law of averages. The law of averages is the commonly held belief that a particular outcome or event will, over certain periods of time, occur at a frequency that is similar to its probability. [1] [2] Depending on context or application it can be considered a valid common-sense observation or a misunderstanding of probability.
Law of total expectation. The proposition in probability theory known as the law of total expectation, [1] the law of iterated expectations [2] ( LIE ), Adam's law, [3] the tower rule, [4] and the smoothing theorem, [5] among other names, states that if is a random variable whose expected value is defined, and is any random variable on the same ...
In probability theory, the law of large numbers ( LLN) is a mathematical theorem that states that the average of the results obtained from a large number of independent random samples converges to the true value, if it exists. [1] More formally, the LLN states that given a sample of independent and identically distributed values, the sample ...
An inequality on location and scale parameters. Taylor expansions for the moments of functions of random variables. Moment problem. Hamburger moment problem. Carleman's condition. Hausdorff moment problem. Trigonometric moment problem. Stieltjes moment problem. Prior probability distribution.
Probability theory. Probability theory or probability calculus is the branch of mathematics concerned with probability. Although there are several different probability interpretations, probability theory treats the concept in a rigorous mathematical manner by expressing it through a set of axioms. Typically these axioms formalise probability ...
Law school graduates owe an average of approximately $130,000 in educational debt upon graduating. 90% of students take out loans to pay for law degree or prior education. Over half of borrowers ...
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