Editing Statistical regularity

'''Statistical regularity''' is a notion in [[statistics]] and [[probability theory]] that random events exhibit regularity when repeated enough times or that enough sufficiently similar random events exhibit regularity. It is an [[umbrella term]] that covers the [[law of large numbers]], all [[central limit theorem]]s and [[ergodic theorem]]s.

If one throws a [[dice]] once, it is difficult to predict the outcome, but if one repeats this experiment many times, one will see that the number of times each result occurs divided by the number of throws will eventually stabilize towards a specific value.

Repeating a series of trials will produce similar, but not identical, results for each series: the average, the standard deviation and other distributional characteristics will be around the same for each series of trials.

The notion is used in [[games of chance]], [[demographic statistics]], [[quality control]] of a manufacturing process, and in many other parts of our lives.

Observations of this phenomenon provided the initial motivation for the concept of what is now known as [[frequency probability]].

This phenomenon should not be confused with the [[gambler's fallacy]], because regularity only refers to the (possibly very) long run. The gambler's fallacy does not apply to statistical regularity because the latter considers the whole rather than individual cases.

==See also==
* [[Impossibility of a gambling system]]
* [[Stationarity (statistics)]]

==References==
{{inline|date=February 2012}}
* {{cite book |last=Leon-Garcia |first=Albert |year=1994 |title=Probability and Random Processes for Electrical Engineering |edition=2nd |location=Boston |publisher=Addison-Wesley |isbn=0-201-50037-X }}
* {{cite book |last=Whitt |first=Ward |year=2002 |title=Stochastic-Process Limits, An Introduction to Stochastic-Process Limits and their Application to Queues |location=New York |publisher=Springer |isbn=0-387-95358-2 |chapter=Experiencing Statistical Regularity |chapter-url=http://www.columbia.edu/~ww2040/scalingchno.pdf }}

[[Category:Statistical laws]]