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

Time Traveler for law of averages

Time Traveler

The first known use of law of averages was in 1874

See more words from the same year

Statistics for law of averages

Cite this Entry

“Law of averages.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/law%20of%20averages. Accessed 28 Feb. 2020.

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

See Definitions and Examples »

Get Word of the Day daily email!

Test Your Vocabulary

February 2020 Words of the Day Quiz

  • squirrel in winter
  • Which is a synonym of probity?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

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!