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translations for
law of averages
Definition of law of averages
The statistical
tendency
toward a fixed
proportion
in the
result
s when an
experiment
is
repeat
ed a large number of times; the
law of large numbers
An
imaginary
or
perceived
"law" of probabilities which is wrongly used to
predict
results in the
short-term
Examples
This coin has landed on heads ten times, so by the
law of averages
it must land on tails next time.
Related words
law office
law of conservation of energy
law of conservation of mass
law of conservation of momentum
law of nature
law of obligations
law of sines
law of cosines
law of inertia
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