Bernoulli Processes in Riesz spaces

The action and averaging properties of conditional expectation operators are studied in the, measure-free, Riesz space, setting of Kuo, Labuschagne and Watson [{Conditional expectations on Riesz spaces}, J. Math. Anal. Appl., 303 (2005), 509-521] but on the abstract $L^2$ space, ${\mathcal{L}}^2(T)$ introduced by Labuschagne and Watson [{ Discrete Stochastic Integration in Riesz Spaces}, Positivity, 14, (2010), 859 - 575]. In this setting it is shown that conditional expectation operators leave ${\mathcal{L}}^2(T)$ invariant and the Bienaym'e equality and Tchebichev inequality are proved. From this foundation Bernoulli processes are considered. Bernoulli’s strong law of large numbers and Poisson’s theorem are formulated and proved.