2 ms·
First figure is pretty bad too: "How average U.S. rent has changed relative to median income." ... Why compare mean to median? Simple example that shows this c
by throwaway201607 10y ago
First figure is pretty bad too: "How average U.S. rent has changed relative to median income." ... Why compare mean to median?
Simple example that shows this could be no big deal .
incomes = [2,4,8,500, 500] median income = 8
rents = [1,2,4, 250, 250 ] average rent = 101.4
OMG !!! SO MUCH MORE THAN AVERAGE INCOME.
- aminorex 10y agoAverage is not mean, it is ambiguous. For that matter, so is "income".