Typical set
The 
typical set is the set of sequences whose 
probability is near to the 
entropy of their source distribution and is a consequence of the 
asymptotic equipartition property.
[This does not make sense.  How can a set be a consequence of anything?  A set is not a proposition.]
If a sequence  is drawn from an i.i.d.  distribution  then the typical set,  is defined as those sequences which satisfy:
It has the following properties if  is sufficiently large:
-  The probability of a sequence from  being drawn from 
 
 
This has great use in 
compression theory as it provides a theoretical means for compressing data, allowing us to represent any sequence  using  bits on average.
See also: algorithmic complexity theory