Probability-Laws

=**Laws and Other**=


 * Law of Averages-**Also known as Law of Large numbers, states that the more trials you run of an event, the closer you will get to the theoretical probability. This means that the more experiments you do, the closer you will get to the average probability. For example, if flipping coins, the more coins you flip the closer your results will be to a 50% heads.


 * Law of Nonoccurrence-**Some things have such a small probability of occurring that they can be said “impossible” for they will never happen. This means that some events, such as someone winning the lottery five times, are so unlikely that they will never happen, even though theoretically they could. These are usually probabilities such as .0000000531% or some other tiny amount.


 * The law of Absurdity**-In some cases everything is impossible, yet something must happen. This means that with some things, the chances are so small of anything occurring, yet something must occur. For example, the lottery. The chances of you winning are minute, yet there are winners all the time.


 * Theoretical Average-** The average of the probability of something, determined without experimentation and pure hypothetical work. This means probabilities that have been calculated without trials or experiments


 * Experimental Average**-The average of the probability of something, determined with experimentation and calculation. Probabilities that have been tested and tried.