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> Any self-respecting statistician would know that the mean of a quantity where addition is not well-defined is meaningless. There goes the Dow Jones average.
by jmspool 9y ago
> Any self-respecting statistician would know that the mean of a quantity where addition is not well-defined is meaningless.
There goes the Dow Jones average.
- JumpCrisscross 9y ago> the Dow Jones average The Dow Jones was invented in the 1890s to be easy to calculate. It is widely panned and is not used by anyone in industry for anything serious.