LAW OF LARGE NUMBERS
A statistical rule which assumes that the average number of samples might reach the mean of the entire population as the figures escalate. In the financial sense, when a company’s revenue goes up, it will have a difficulty to maintain its growth. To continue expanding the firm, it has to grow more and more to sustain the percentage of growth.
Also known as Law of Averages.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
