Jacob Bernoulli

Jacob Bernoulli was a Swiss mathematician known for his foundational work in probability theory. He is famous for the Bernoulli trials, a concept that involves experiments with two possible outcomes, like flipping a coin. His most notable contribution is the Law of Large Numbers, which states that as the number of trials increases, the average of the results will converge to the expected value. This principle underlies many statistical methods used today, helping us understand randomness and make predictions based on data. Bernoulli's work laid the groundwork for modern statistics and probability theory.