5 ms·
You’re talking about reversion to the mean, which is a phenomenon that’s related to the law of large numbers. Law of Large Numbers says that, over an arbitrari
by gen220 6y ago
You’re talking about reversion to the mean, which is a phenomenon that’s related to the law of large numbers.
Law of Large Numbers says that, over an arbitrarily large random sampling size, you will eventually end up with a sample that perfectly fits the probability distribution.
But the probability of each individual sample is random. This means that, if each sample is randomly-selected and independent, your history of N samples does not affect your N+1th sample.
The regression to mean curve is only predictable in the big picture, each bump is 50/50 (or 60/40 in this case).