essentialsaltes (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
essentialsaltes) wrote2014-06-16 01:13 pm
essentialsaltes) wrote2014-06-16 01:13 pm
Importance of the Difference between Mean and Median
Of 20 countries, the US ranks #4 in average (mean) wealth per capita at $301,000. Yay!
But #19th in median wealth per capita at $45,000. Boo.
A person who has the mean wealth would really be wealthier than about 95% of the population.
PS The average human being has about one testicle.
But #19th in median wealth per capita at $45,000. Boo.
A person who has the mean wealth would really be wealthier than about 95% of the population.
PS The average human being has about one testicle.