“This faulty intuition as well as many modern applications of probability theory are under the strong influence of traditional misconceptions concerning the meaning of the law of large numbers and of a popular mystique concerning a so-called law of averages.”

—  William Feller

Source: An Introduction To Probability Theory And Its Applications (Third Edition), Chapter X, Law Of large Numbers, p. 250.

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William Feller30
Croatian-American mathematician 1906–1970

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