Stop calling Bernoulli’s law of large numbers his "Golden Theorem" (Please?)
DOI:
10.47976/RBHM2024v24n48151-155Keywords:
law of large numbers, Bernoulli's golden theoremAbstract
Jakob Bernoulli (1655 - 1705) proved the first form of the law of large numbers before 1690 and realized the range of applications of probability calculus would be largely widened by the result. It is pretty common to find examples in the statistical literature referring to it as his “Golden Theorem”. But when did Jakob name his discovery? In fact, he never did, at least this one. A mistake in the translation of Bernoulli's major work, Ars Conjectandi (1713), and the fact that Bernoulli named another result as “Golden theorem” led us to propagate this mistake ... for almost 100 years.
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