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Topic: Law of averages

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	Law of averages: Just the facts... (Site not responding. Last check: 2007-10-09)
		The law of averages is a lay term used to express the view that eventually, everything "evens out." For example: Two very similar people who drive similar cars in similar circumstances over a long period of time will have roughly the same number of accidents.
		The formal mathematical result that supports the law of averages is called the law of large numbers ((statistics) law stating that a large number of items taken at random from a population will (on the average) have the population statistics).
		However, it is important that while the average will move closer to the underlying probability, in absolute terms deviation from the expected value (The sum of the values of a random variable divided by the number of values) will increase.
	www.absoluteastronomy.com /encyclopedia/l/la/law_of_averages.htm (510 words)

	Probability - Open Encyclopedia (Site not responding. Last check: 2007-10-09)
		Some examples of epistemic probability are to assign a probability to the proposition that a proposed law of physics is true, and to determine how "probable" it is that a suspect committed a crime, based on the evidence presented.
		In Cox's formulation, probability is taken as a primitive (that is, not further analyzed) and the emphasis is on constructing a consistent assignment of probability values to propositions.
		A law of small numbers tends to apply to all such choices and perception of the effect of such choices, which makes probability measures a political matter.
	open-encyclopedia.com /Probability (2620 words)

	Learn more about Probability in the online encyclopedia. (Site not responding. Last check: 2007-10-09)
		Assign a probability to the proposition that a proposed law of physics is true.
		One approach is to use the law of large numbers.
		A law of small numbers tends to apply to all such choices and perception of the impact of such choices, which makes probability measures a political matter.
	www.onlineencyclopedia.org /p/pr/probability.html (1648 words)

	Law of Averages Help
		In the middle, there is a graph named "Average." After each draw, the average of the draws is calculated (see the statistics table), and this average is plotted on the graph, where the horizontal axis gives which draw it is, and the vertical axis gives the average.
		Average: The "Draws" entry gives the average of the draws so far, and the "Box" entry has the average of the tickets in the box.
		The "Error" entry is the difference between the average of the draws and average of the box.
	www.stat.uiuc.edu /courses/stat100/cuwu/help/loa.html (562 words)

	The Law of Averages
		The law of averages, or correctly named the law of large numbers, is one of the most misunderstood concepts of Mathematics.
		Gamblers who believe in the law of averages will say that because heads has come up more in the past, and because of the law of averages, tails is more likely to come up in the future.
		Related to the theory of the law of averages, but still quite interestingly different is the theory of “Regression to the mean”.
	www.puntingace.com /bettingguide/law.htm (1143 words)

	How to Outdo the Law of Averages
		The law of averages may be a handy statistical device but it is only that.
		Remember, the law of averages is merely a statistical device; it is not the gospel.
		In conclusion, remember that the law of averages is really just a statistical device, not something that is laid down to control your life.
	www.posword.org /articles/wade/averages.shtml (2855 words)

	The Law of Averages
		Last years average was 58% winners against the spread for the whole season (see the Past Results page).
		This principle is the definition of the law of averages.
		But the important point to see is that past averages may be incorrect averages and this is why there is a "window" which my results will fall into at the end of the 2004 NFL season.
	profootballprofessor.com /article-lawaverages.htm (923 words)

	The Law of Averages
		The Law of Averages is a pseudoscientific doctrine, similar to a superstition, held by the common folk.
		Some typical verbalizations of the Law of Averages are: "My number's about due to come up," or "My luck is bound to change." and faith in the law can lead to illogical behavior and incorrect conclusions.
		Even the strongest believer in the Law of Averages would consider this an unlikely event A graph of the possible outcomes and their probabilities is shown below and the most likely number of different numbers to come up in 38 spins is 24, with a probability of 0.2048643366.
	www25.brinkster.com /ranmath/misund/avg01.htm (920 words)

	Repeated Trials and Expected Values
		The law of averages states that over repeated independent trials we will observe a value on average that is close to our expectation.
		In statistics this is similar to the law of large numbers (as a sample drawn from a population gets so large as to be the population then the mean of the sample will have to be the mean of the population).
		Standard deviations, remember, are the square root of the average of the squared deviations of observed scores from the mean.
	home.stat.ucla.edu /~cochran/stat10/winter/lectures/lect8.html (1175 words)

	Innovation and the Law of Averages - The CLEMMER Group Management Consulting
		The Law of Averages basically teaches salespeople that if you want to double or triple your sales, you need to double or triple the cold calls and sales presentations you make.
		But, thankfully, the Law of Averages was burned deep into my psyche.
		I first saw the Law of Averages applied to innovation in 1983 when Zenger-Miller and Achieve worked with Tom Peters to develop the Toward Excellence process based on the lessons of In Search of Excellence.
	www.clemmer.net /excerpts/pf_innovationlaw.html (613 words)

	Law of Averages Repealed; Casino Players Win and Lose
		And the law of averages says you'll only lose the expected value over a long period - for instance, $5 or so per hour with good basic strategy at $10 fljack or about $4 per hour at craps when placing the six and eight for $6 each.
		As for the law of averages, there never really was any such thing to repeal.
		Putting worse lie to the law of averages, the more you flip, the lower the prospect of breaking even and the higher that of having a big win or loss.
	krigman.casinocitytimes.com /articles/5305.html (958 words)

	The Law of Averages - Dave Jarvis (Site not responding. Last check: 2007-10-09)
		The law of averages dictate that humans are middle of the road.
		Average intelligence, average height, average number of appendages, average type of social structures.
		That is, if you look at all forms of life on the planet, you can tell one species from another, one race from another, quite easily (although you might have to be an expert in the field to do so).
	www.joot.com /dave/writings/articles/averages.shtml (466 words)

	Splendid: Departments: Bookshelf: The Law of Averages
		All of the senses are vivid for Barthelme, but none so much as sight; he draws experiences so clearly that after reading about a rainstorm you expect your face to be wet ("She laughs, the muscles in her neck rippling prettily" 153).
		The Law of Averages encompasses draws from several of the author's short story collections, allowing the reader to see the calculated growth and change of Barthelme's writing and the development of his visual skill.
		The title's pun -- that the law of averages is what pulled these two people together, with common names and common lives, into a non-passionate passionate relationship -- is reflective of many people.
	www.splendidezine.com /departments/bookshelf/bookshelf93002.html (1106 words)

	Streaks, slumps and the Law of Averages (Site not responding. Last check: 2007-10-09)
		The "law of averages" is often invoked when a player breaks out of a slump, particularly by baseball announcers.
		The Law of Large Numbers states that if you know the final average of a large sequence of numbers, and the average after a large number of observations is either above (or below) the final average, then each subsequent observation is more likely to be below (or above) the final average.
		We couldn't use the Law of Large Numbers with a player hitting.250 in baseball, because we don't know what his final average will be.
	www.hockeyzoneplus.com /puckerings/puck004.htm (1036 words)

	Comparative Law - Syllabus
		Considered a "classic" among comparatavists, our casebook focuses on "the problem of foreign law for American lawyers." The authors assume the targeted reader, the American law student, is already familiar with the theory and practice of common law.
		Compare how this case would be decided under the law and processes of a civil law country of your choice.
		Identify a law review or other academic article on some aspect of civil law of interest to you (best in an area in which you have some familiarity).
	wwws.wfu.edu /~palmitar/Courses/ComparativeLaw/Syllabus.htm (1173 words)

	Boston.com / Sports / Baseball / Red Sox / Law of averages doesn't apply here
		Batting average was a very significant measure of all batters.
		Batting average, and, of course, home runs and RBIs were the Holy Trinity of offensive stats.
		Batting average, home runs, and runs batted in were all that mattered.
	www.boston.com /sports/baseball/redsox/articles/2004/04/28/law_of_averages_doesnt_apply_here (496 words)

	Las Vegas SUN: Letter: 'Law of averages' not rational way to fund schools (Site not responding. Last check: 2007-10-09)
		They must attend school at least the average number hours and days per year and be assigned at least the average amount of homework.
		Parents will also be required to spend the average amount, or more, of time helping their children with homework.
		If, in any year, these conditions are not met, this system employing the "law of averages" would no longer be in effect and our schools would be free to implement a more rational system.
	www.lasvegassun.com /sunbin/stories/text/2004/oct/11/517646712.html (281 words)

	Stereophile: The Law of Averages
		The sound's a bit bright—particularly on string quartets and piano, where you've brought the average level up, you can hear that telltale zizz of aliasing—but it's okay for editing purposes.
		Using the averaging, there was less of this.
		There had been a fair amount of whinging from critics, players, and others about the LSO Live recordings because the Barbican Hall is a bit on the dead side, and this was compounded by the deadness of CD.
	www.stereophile.com /features/104law (1295 words)

	Law of Averages (washingtonpost.com)
		For the truly typical household -- filers in the middle fifth of the income spectrum -- the average tax cut would be $256.
		At the top of the income pyramid, however, the tax savings would be huge; the top 1 percent of filers would receive an average tax cut of $24,100.
		More than three-quarters of the part of the dividend tax break that would go to the elderly would flow to the 19 percent of senior citizens with incomes above $75,000; 43 percent of the benefits would go to the richest in that group, the 2.5 percent of senior citizens with incomes greater than $200,000.
	www.washingtonpost.com /ac2/wp-dyn/A38110-2003Feb20 (549 words)

	Discussion #6 (Site not responding. Last check: 2007-10-09)
		As many times as she's been guilty before, she has to be innocent this time -- it's the law of averages.
		By the law of averages, it is impossible that these two people would ever come in contact with each other.
		Brando has had so many lovers, it would only be surprising if they were all of one gender; the law of averages alone would make him bisexual.
	www.stat.uiuc.edu /courses/stat100/r1/discussion_6.html (216 words)

	Glossary of Mathematical Mistakes
		Given a sample set: 2,2,2,3,5,6,8: The mode average (the most common answer) is 2; the median average (the one in the middle) is 3; and the mean average (the sum of all samples divided by the number of samples) is 4.
		I used to call it "The Law of Five Times Reality" because of the tendency of political advocacy groups to over inflate their numbers by five times what is reality.
		In 1994, a study was done to show how dangerous particulate pollution is, the result is that people who live in cities with high particulate pollution shorten their average life span by about 2 years.
	members.cox.net /mathmistakes/glossary1.htm (6387 words)

	FaceLift Without Surgery - Recruiting Made Easy!
		The Law Of Averages says “do something long enough and consistently enough” over a period of time and you will develop a ratio of results.
		In the example outlined above, the Law Of Averages says your ratio of results of approaches to new enrollees is 10 to 2 or 20%.
		So, no matter where you are in your organization (beginner, experienced, or professional) the Law Of Averages works and produces a quantifiable ratio of results for each step in your recruiting process.
	www.faceliftwithoutsurgery.com /pages/recruiting.html (2268 words)

	SignOnSanDiego.com > Sports -- Law of averages catches up with Colts
		When asked if the Indianapolis Colts would be as leery of him in the AFC final, Law shook his head.
		Law has seven career picks off Manning in 10 games.
		Harrison said Law was particularly motivated because of all the talk about Manning's hot streak.
	www.signonsandiego.com /sports/nfl/20040119-9999_1s19afcnotes.html (637 words)

	Law of averages
		At 1.5 litres, the Rio's four-cylinder twin-camshaft engine is also large for the category, although at 71 kW, its performance level is average.
		There have been questions about the build quality of the Polo Classic since it went on sale here, but it's fair to say the car still exudes a VW feel with solid on-road manners and a comfortable ride.
		Chassis tuning by Lotus means the ride and handling balance is good, but the old Mitsubishi-sourced 76 kW four-cylinder engine is average.
	www.drive.com.au /editorial/article.aspx?id=9660&vf=2&bg=1&pp=0 (731 words)

	Unit 7: Law of Averages (Site not responding. Last check: 2007-10-09)
		In this project we explore how the spread of the counts and the average of the counts change as the number of flips increase.
		Theory says the average of these 30 counts should be close to the expected value and the spread of the counts should be close to the SE of the counts.
		The numbers of tosses was increased by a factor of 4 from (a) to (b) and from (b) to (c).
	math.colgate.edu /math102/ehart/unit7.html (729 words)

	'Til The Cows Come Home: The Law Of Averages
		Taking the "grower not a shower" theory into consideration, I think the law of averages works in favor of my darling Jude.
		Personally, I can only think of exactly three penises I've encountered in my illustrious past that are as impressive in their soft state as they are when they're gettin' their freak on.
		So unless you're prepared to mimic the exact meteorological, environmental, thermal, and/or psychological conditions present at the time the photograph was taken and whip it out to do a comparison, then shut the hell up and keep your pants on.
	www.cowsinthebarn.com /archives/000869.html (565 words)

	Chicago Sun-Times: Hot streaks are just temporary escapes from law of averages (Site not responding. Last check: 2007-10-09)
		Though many state gaming regulatory or tax agencies publicize casino slot returns for their respected jurisdictions (Illinois does), Michigan casinos are not required by law to release information on their slot-machine payback percentages.
		With thousands of hopefuls playing Kimmy's games of choice -- slots, double-zero roulette and three-card poker -- at any given moment, and with a mathematical advantage to the casino in every one of them, the casino doesn't lose, unless a godsend anomaly occurs, as it did for her.
		Have faith, Mary Ann, in the casino's advantage being quite real, but predicated on the operation of the "law of averages" over a long period.
	www.findarticles.com /p/articles/mi_qn4155/is_20050422/ai_n14612816 (679 words)

	The Age: Ashes 2005 - Law of averages Archives
		Looking at the Ashes 2005 series averages only, and focusing only on the batting averages for the top five in the batting order, and the bowling only for the last four, we get some interesting results.
		Of the bowlers, McGrath (14 @ 20.21) and Warne (20 @ 20.9) are a shoo-in but the remaining two pace slots are both filled by Englishmen in the shape of Jones (13 @ 24.53) and Harmison (12 @ 26.75).
		That at least gives him the mathematically satisfying average of exactly 100.0 per wicket, which in all likliehood will be his final figures for the series.
	blogs.theage.com.au /ashes-2005/archives/2005/08/law_of_averages_1.html (471 words)

	Law in Social Work Practice (Site not responding. Last check: 2007-10-09)
		Law in a Flash 1st Year Law Set: 6 Packs of Flashcards and Book
		Law in time and space the doctrinal bases and judicial practice an inaugural lecture delivered at the Univeristy of Lagos on Wednesday June 5 1991
		Practicing Law in Frontier California Law in the American West Vol 2
	www.booksbinding.com /30192_law-of-averages/frederick-barthelme.html (176 words)

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