law of averages



law of averages

The idea that probability will influence all occurrences in the long term, that one will neither win nor lose all of the time. For example, If it rains every day this week, by the law of averages we're bound to get a sunny day soon . This colloquial term is a popular interpretation of a statistical principle, Bernoulli's theorem, formulated in the late 1600s.
See also: average, law, of

Common Names:

NameGenderPronouncedUsage
AtonAH-tən (English)Egyptian Mythology
TerrenceTER-əntsEnglish
'Elifalet-Biblical Hebrew
Kfir-Hebrew
Doru-Romanian
EwoudAY-vowt, AY-wowtDutch