The Numbers’ Game
The Numbers’ Game
A situation in which decisions are based on points or numbers, not on other qualities that may be more important.
The Law of Average
The law
of averages is a lay term used to express a belief that outcomes of a random event will
"even out" within a small sample.
The principle holding that probability will
influence all occurrences in the long term.
A law affirming that in the long run probabilities will
determine performance.
The Law of Averages is a
layman's term used to describe the belief that the results of any given event
"work out" or "even out" over a set of trials in the short
run.
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