2 ms·
"The average individual American is worth $388,000 net, third in the world behind Australia and Switzerland." Do you have a source for that? That's certainly n
by Melchiorarchy 9y ago
"The average individual American is worth $388,000 net, third in the world behind Australia and Switzerland."
Do you have a source for that? That's certainly not the average American across all demographics.
- hueving 9y agoRead the comment. It's a great example of why understanding the difference between mean and median is critical. Imagine a room with 100 people. 99 have $100 in savings, 1 has $1 billion. What is the average wealth of the people in that room? What is the median wealth?