law of averages — ► NOUN ▪ the supposed principle that future events are likely to turn out so that they balance any past deviation from a presumed average … English terms dictionary
law of averages — n. the popularly held supposition that a possible event can be expected to occur with a frequency at or near its probability … English World dictionary
Law of averages — The law of averages is a lay term used to express a belief that outcomes of a random event shall even out within a small sample.As invoked in everyday life, the law usually reflects bad statistics or wishful thinking rather than any mathematical… … Wikipedia
law of averages — noun a) 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. ... as they will not have sufficient distribution of risk to permit the law of averages to … Wiktionary
law of averages — {n. phr.} The idea that you can t win all the time or lose all the time. * /The Celtics have won 10 games in a row but the law of averages will catch up with them soon./ … Dictionary of American idioms
law of averages — {n. phr.} The idea that you can t win all the time or lose all the time. * /The Celtics have won 10 games in a row but the law of averages will catch up with them soon./ … Dictionary of American idioms
law of averages, the — noun the principle that if something with more than one possible result happens enough times, the result you want is certain to happen at some time … Usage of the words and phrases in modern English
law of averages — law′ of av′erages n. 1) cvb sta a statistical principle formulated by Jakob Bernoulli to show a more or less predictable ratio between the number of random trials of an event and the outcomes that result 2) cvb sts the principle that, in the long … From formal English to slang
law of averages — noun a law affirming that in the long run probabilities will determine performance • Hypernyms: ↑law, ↑law of nature … Useful english dictionary
law of averages — Date: 1874 the commonsense observation that probability influences everyday life so that over the long term the possible outcomes of a repeated event occur with specific frequencies … New Collegiate Dictionary