Meaning Of The Word Law of averages

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What's the definition of Law of averages? Find Law of averages meanings, definitions and more at the Real Dictionary online.

Law of averages Meaning

Law of averages Definition
Law of averages Definition

What's The Definition Of Law of averages?

law of averages
phrase: The law of averages is the idea that something is sure to happen at some time, because of the number of times it generally happens or is expected to happen.

law of averages in American English
the popularly held supposition that a possible event can be expected to occur with a frequency at or near its probability
noun: 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 its occurrences

law of averages in British English
noun: (popularly) the expectation that a possible event is bound to occur regularly with a frequency approximating to its probability, as in the (actually false) example

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