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law of averages


from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The principle holding that probability will influence all occurrences in the long term.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The statistical tendency toward a fixed proportion in the results when an experiment is repeated a large number of times; the law of large numbers.
  • n. An imaginary or perceived "law" of probabilities which is wrongly used to predict results in the short-term.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a law affirming that in the long run probabilities will determine performance


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