The simple law of averages gives the man who listens a


The law of large numbers, in popular terminology, is called the law of averages. Comment on the following advice. When you toss a fair coin to decide a bet, let your companion do the calling. "Heads" is called 7 times out of 10. The simple law of averages gives the man who listens a atremendous dvantage.

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Basic Statistics: The simple law of averages gives the man who listens a
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