Over the next month we will be hearing rather a lot, yet again, about those 99 years, the law of averages, and luck. |
Perhaps, but it'll more likely be the law of averages, a destiny thing, a twist of fate. |
In the early 18th century, the English mathematician Roger Cotes computed weighted averages of measurements made by different astronomers. |
Given the small slice of the population these privileged backgrounds represent, we have here a spectacular breakdown in the law of averages. |
He took over a bunch of players that was accustomed to losing, but expected, on the law of averages, to win one day. |
Figure 4 shows five-year moving averages of the mean absolute value of the ratio of the current account balance to GDP for twelve countries. |