Perhaps the most important: Make the law of averages work in your favor by making lots of calls.
By the law of averages, eventually, bin Laden will be captured or killed.
Eventually, the law of averages gets everything, including the group at Apple.
Bubbles have their reasons but the law of averages when combined with the law of large numbers means that bubbles go pop!
Success in angel investing is based on the law of averages.
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We've had our fair share of negative surprises in the past few years but by the law of averages, sooner or later something will turn out better than expected.
In order to claim powers of uncanny prophesy, for at least a while, I think I owe it to the law of averages to predict it here in black and white, so that I can get levelled.
Although there are no moving parts to go wrong, the law of averages seems to dictate that some of the myriad components will occasionally fail, and scientists who work regularly on computors rely on the machine being available for at best only 80 per cent of its theoretical working time.
In particular, this pivotal question must be asked: Does the dog have a history of really being able to detect the presence of hidden drugs, or has the animal simply signaled drugs in such a large number of encounters that by the law of averages he managed to catch a few real stashes?
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