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Read 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
by hueving 9y ago
Read 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?