limit theory

Limit theory is a branch of mathematics that studies how sequences or functions behave as they approach a particular point or infinity. It helps us understand the trend or value that a mathematical expression gets closer to when variables change significantly or become very large. For example, as you keep adding smaller and smaller amounts, the total might approach a specific number. In probability and statistics, limit theory explains how averages or sums behave when dealing with large data sets, providing a foundation for tools like the Central Limit Theorem, which describes how data distributions become normal as sample sizes grow.