What is another word for law of averages?

Pronunciation: [lˈɔː ɒv ˈavɹɪd͡ʒɪz] (IPA)

The term "law of averages" refers to a statistical theory that suggests that over time, the average of a particular event will eventually play out. Some synonyms for law of averages include "probability principle," "statistic norm," "even scale," "random chance," and "predictable outcome." Each of these terms conveys the idea that there is a predictable or expected outcome based on various statistics and probabilities. Whether used in a business, scientific or everyday context, any of these synonyms can be used to describe the idea that over time, patterns will emerge and the average will prevail.

What are the hypernyms for Law of averages?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Law of averages?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Law of averages

  • I feel like a fugitive from the law of averages.
    Bill Mauldin
  • I feel like a fugitive from the law of averages.
    William H. Mauldin
  • Cultivate your curiosity. Keep it sharp and always working. Consider curiosity your life preserver, your willingness to try something new. Second, enlarge your enthusiasm to include the pursuit to excellence, following every task through to completion. Third, make the law of averages work for you. By budgeting your time more carefully than most people you can make more time available. Does the combination of curiosity, enthusiasm, and the law of averages guarantee success Indeed it does not ... Success in the final analysis always involves luck or the element of chance. Louis Pasteur grasped this well when he said that chance favors the prepared mind.
    John W. Hanley
  • “Can I drive you down to your house?” The man flicked an expressive glance along the car’s length and shook his head. “Thanks. I’ll walk. There’s still a law of averages.” Fay thought bitterly, but did not reply.
    Algis Budrys

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