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Definition of Law of averages
1. Noun. A law affirming that in the long run probabilities will determine performance.
Definition of Law of averages
1. Noun. (statistics) 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. ¹
2. Noun. (informal) An imaginary or perceived "law" of probabilities which is wrongly used to predict results in the short-term. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Law Of Averages
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