The law of large numbers is a fallacy that results in an overestimation of the frequency of extreme outcomes.

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The law of large numbers is a statistical concept that states that as the number of trials or samples increases, the actual results will get closer to the expected results. It is not a fallacy, but rather a proven principle. However, it is important to note that it does not guarantee that extreme outcomes will not occur, but rather that they become less and less likely as the number of trials increases.

The Law of Large Numbers Is a Fallacy That Results