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

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Time Traveler for law of averages

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The first known use of law of averages was in 1874

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Dictionary Entries Near law of averages

law of areas

law of averages

law of Boyle and Mariotte

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Cite this Entry

“Law of averages.” Dictionary, Merriam-Webster, Accessed 29 May. 2022.

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