law of averages

noun phrase

Definition of law of averages

: 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

First Known Use of law of averages

1874, in the meaning defined above

Keep scrolling for more

Learn More about law of averages

Share law of averages

Statistics for law of averages

Look-up Popularity

Time Traveler for law of averages

The first known use of law of averages was in 1874

See more words from the same year

Comments on law of averages

What made you want to look up law of averages? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

grandiloquent, ostentatious, or bombastic

Get Word of the Day daily email!

Test Your Vocabulary

Original Meanings Quiz

  • rembrandt-painting-a-young-scholar-and-his-tutor
  • Which of the following is the earliest known sense of the word awe?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!