law of averages

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law of averages

n.
The principle holding that the relative frequency with which an event occurs in repeated trials will converge to a stable value over time as the number of samples increases. Also called Bernoulli's law, law of large numbers.

law of averages

n
(Statistics) (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: after five heads in a row the law of averages makes tails the better bet. Compare law of large numbers

law′ of av′erages


n.
1. 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. the principle that, in the long run, probability as naively conceived will operate and influence any one occurrence.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.law of averages - a law affirming that in the long run probabilities will determine performance
law of nature, law - a generalization that describes recurring facts or events in nature; "the laws of thermodynamics"
References in periodicals archive ?
By the law of averages - and the law of average sides - the more times you invite opponents to swing a deadball into your box the more vulnerable you are to eventually succumbing to a set-piece.
1 has had to pay for her early success with a sequence of first round draws that had defied the Law of Average.
By the law of averages Town are overdue some success in a large dose.
A spokesman for the Student Loans Company, which processes one million loans in a three-week period at the start of term, said: "While this year there were no general problems in terms of loans being late, the law of averages means there will sometimes be problems with processing all the information.
Play-off success is not influenced by the law of averages and there is a good chance that the nightmares of previous failures will have a detrimental effect on the Imps' latest promotion dream.
The law of averages dictates 26-year-old Jones' playing career should have ended, instead his patience, resilience and sheer bloody-mindedness have reaped their reward.
I don't think that it is that we can't defend them, but the law of averages say you are going to concede in the end.
Add to this the possibility that, by the law of averages, one out of the ``twelve good men and true'' could turn out to be what TV producers describe as a ``juror from hell'' -- a know-all, argumentative, control freak who could delay a verdict for days and even cause a costly re-trial.
And if crimes are being committed in a predominantly black or Asian area, the law of averages says it's likely a black or Asian person committing them.
IAN McCALL believes Dundee United must defy the law of averages if they are to repeat their home win heroics over Rangers.
Going by the law of averages, he's bound to win something one day.
I have not accused the lads of any of that for a long time but I guess under the law of averages we were due a poor performance and that is certainly what we got.