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What is the Law of Averages? The Law of Averages is a statistical principle that suggests that outcomes of a random event will even out over a large number of trials. This concept is often …
The Steve Goodman song 'A Dying Cub Fan's Last Request' mentions the law of averages in reference to the Chicago Cubs lack of championship success. At the time Goodman recorded the song in 1981, the Cubs had not won a National League championship since 1945, and had not won a World Series since 1908.
Meaning of the law of averages in English the law of averages idiom Add to word list the idea that over a period of time a particular thing will happen because it is just as likely to happen as the other possible events
the law of averages meaning, definition, what is the law of averages: the probability that one result will hap...: Learn more.
The law of averages is a popular saying, not a formal mathematical rule. People use it to express the belief that outcomes will “even out” over time. For example, someone might say, “I’ve lost five coin tosses in a row—the law of averages says I’m due for a win.”
The meaning of LAW OF AVERAGES is 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.
Law of averages definition: 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..
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. On the law of averages we just can't go on losing.
Illustrated definition of Law of Averages: The idea that something will happen because it is likely to. It is often mistaken to mean that something is more...
The law of averages is a principle that suggests that outcomes of a random event will even out over time, meaning that if something happens more frequently than normal during a given period, it is likely to happen less frequently in the future, and vice versa.
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