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What on earth is that graph showing? 2% of households make $150k, and another 2% make $151k, and another 2% make $150.01k, etc. It makes no sense at all. I thin
by Hondor 10y ago
What on earth is that graph showing? 2% of households make $150k, and another 2% make $151k, and another 2% make $150.01k, etc. It makes no sense at all. I think they meant to use a bar graph or histogram, and perhaps those circles are the boundaries between the bins. But then why are some much wider than others? Do 7% of households make between $30k and $90k? Normally with a bad graph, you can work out what they meant and it's just misleading, but this is too wrong to mean anything.
On a second look, the sharp edges of the curve appear to be $10k boundaries which with the text about $20k-$30k would mean they're the bin boundaries. But that assumes the text was written by someone who knew that and wasn't just reading off the line.
- barrkel 10y agoI came here to say this. The more ticks there are on the x axis, the lower the y values will be. The graph hurts my head. It should be an S-curve cumulative graph, I think.
- Inufu 10y agoPresumably the probability density function, https://en.wikipedia.org/wiki/Probability_density_function https://en.wikipedia.org/wiki/Probability_density_function