3 ms·
Income distributions are almost always skewed to the right (mean > median), since you can't make less than $0 a year, but you can make millions or more in a yea
by dgordon 16y ago
Income distributions are almost always skewed to the right (mean > median), since you can't make less than $0 a year, but you can make millions or more in a year, and the mean is never much more than $50,000.
- acqq 16y agoI wasn't surprised about difference, only that up to now I didn't know that half of the families in US live on less than 50K USD per year.
- pchristensen 16y agoThe US has a lot of crappy jobs and cheap towns that don't get near as much attention as SV, LA, and NYC.